TDS on Designs Purchased

Deepshikha Sharma (Tax Manager) (137 Points)

10 March 2021  

We are a Tiles Manufacturing company. We purchase Tiles Designs in PDF from a vendor and capitalise the same in assets. Whether TDS would be applicable on such purchase. Those are readymade designs that the vendors provides us in Pendrive or CD. It is not a software and doesn't have license. They are mere designs used for printing on our tiles.