One company is into the business of Developing Software Application or software for the third party and the third party is the absolute owner of that software application and company charge one time fee from the client?Whether the service tax or VAT is applicable on such fee.(Or only service tax is applicable)
only service tax will applicable on softwares.
VAT is applicable, as that the Honourable Supreme Court directed that the software of branded and unbranded can be treated as Sale as it can be abstracted, transmitted, transferred, delivered, stored, possessed, consumed in the case of TATA Consultancy Services Vs. State of Andhra Pradesh (39) PSTJ 205 (SC).
SMJ global advisors pvt ltd
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CAclubindia
