Hi Friends,
For one of our client there is service tax liability for software download. My query is can the same be adjusted against input tax credit?
Regards,
Swathi
Menu
Service tax on software download
Replies (2)
Yes it can be adjusted under provisions of service tax
Dear Swathi,
Facts are not much clear. But it seems import of services, and recipient is liable to pay service tax under Reverse Charge Mechnism.
In case of Reverse Charge Mechnism, adjustment with CENVAT Credit is not possible.
Recent Topics :
- GIFT REGARDING
- TDS on salary to non resident managing director
- Ewaybill and Transport documents (Lorry receipt)
- LTCG on sale of Builder Buyer Agreement
- Rule 13(2)(h) and valuation of CCDs
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
- TDS processed with short deduction default
- TDS on rent paid to RNOR Landlord. Can RNOR US tax
- PAN CANCELLATION OF A DISSOLVED PARTNERSHIP FIRM
Related Topics :
CAclubindia
