28 August 2009
Our company imports Software licenses from Microsoft all transaction are through online only. they receive the License online and they transfer it to Reseller for a commission. weather Customs duty is applicalble for such transactions?? The Company Chages both Sales tax (VAT) and also Service tax,(not WCT) VAt at State rates Service tax @ 10%+3%
28 August 2009
Yes they should charge custom as well because it is an Import may not crossed physical custom frontier but still it will be counted as import.
CAclubindia
