Tax applicability
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 June 2013
Dear Sir/Madam,
I am working in a IT Company in Udupi Dist, Karnataka, we provide software development service to the client. the design will be developed according to client requirement. kindly confirm the tax applicability for the same.
We checked with many CA professionals.... some are saying only service tax applicable & some are saying both Service Tax & VAT applicable. bit confusion on this.. kindly help me.
Regards,
Shivraj Poojary
I am working in a IT Company in Udupi Dist, Karnataka, we provide software development service to the client. the design will be developed according to client requirement. kindly confirm the tax applicability for the same.
We checked with many CA professionals.... some are saying only service tax applicable & some are saying both Service Tax & VAT applicable. bit confusion on this.. kindly help me.
Regards,
Shivraj Poojary
12 June 2013
Dear Friend,
If you are developing software for the client as per their requirement and providing the service accordingly without the aid of any material, Then you will be only liable for service tax.
If you are also providing some material with software development, then VAT would also be liable as sale of material.
If you are developing software for the client as per their requirement and providing the service accordingly without the aid of any material, Then you will be only liable for service tax.
If you are also providing some material with software development, then VAT would also be liable as sale of material.
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 June 2013
Thank you sir...
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