Wether vat is applicable on sale of software?

Late CA Sampat Jain

Chartered Accountant

4772 Points Posted on 02 September 2007

I remember there is a Supreme Court Case in whcih it was held that packaged software is goods and sales tax is payable on it

Guest

459980 Points Posted on 03 September 2007

yes it is taxable under famous case of TCS

Rash

18 Points Posted on 03 September 2007

SIR, software is liable for VAT VVSampathkumar

CA RAJESH GUPTA

CA

321 Points Posted on 03 September 2007

Sale of software , it comes with in the perview of goods & services and vat is liable on the same.

Anand

481 Points Posted on 06 September 2007

Yes packed/wired software is liable to VAT based on Supreme Court Judgement in respect TCS

Guest

459980 Points Posted on 06 September 2007

the sale of licensed software is liable to sales tax/VAT as per the judgement of the Apex Court in TCS case.

Kedar

Articled Assistant

22 Points Posted on 04 September 2009

Shivjeet Chopra

Chartered Accountant

151 Points Posted on 06 September 2009

Originally posted by :RAVIKUMAR R. C.
"	Dear all' Please letme know, Wether vat is applicable on sale of Software?	"

It should be....cuz ur selling sumthin n hence dose r goods ...thus VAT comes into picture...btw iv herd all indirect taxes are goin to be converted into one tax called GST...which wil solve a hell lot f confusions created cz f dese indirect taxes....