URGENT QUERY(SERVICE TAX) ?????

652 views 4 replies

SERVICE TAX & VAT BOTH ARE APPLICABLE ON SALE OF SOFTWARE.

HOW TO CHARGE SERVICE TAX & VAT ON SALE OF SOFTWARE ?

WHETHER VAT IS TO BE CHARGED ON GROSS BILL INCLUDING SERVICE TAX OR EXCLUDING SERVICE TAX ???

 

Replies (4)

Is service applicable for reimbursable of travelling & Out of pocket expenses.if So please tell me under what notification.

Excluding Service TAx

excluding service tax bcoz if u charged  vat on service tax then there is cascading impact

Originally posted by : Bharat Aggarwal

SERVICE TAX & VAT BOTH ARE APPLICABLE ON SALE OF SOFTWARE.
HOW TO CHARGE SERVICE TAX & VAT ON SALE OF SOFTWARE ?
WHETHER VAT IS TO BE CHARGED ON GROSS BILL INCLUDING SERVICE TAX OR EXCLUDING SERVICE TAX ???
 The first point is whether VAT + ST can be charged on the full amount. Though big players doing that, there is a legal lacunae as ST and VAT are mutually exclusive. As per TCS case - SC only VAT payable. The insertion of the entry in 2008 and amendment in 2009 in my view is illegal. This anyway has to be confirmed by the courts to be relied on.

If chosen to pay then only on basic amount should VAT or ST be charged.


 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details