26 September 2008
Soft ware developed in banglore registered office and sold to govt department delhi, shall we put vat or cst in the taxation column, now cst is also reduced from 3% to 2% but vat is same for sale of software @ 4%.
27 September 2008
Please ensure that whether the transaction will attract VAT or CST at all?
If it is a 'sale of goods' transaction:- In case you are not receiving C form, you will have to charge CST at the rate applicable under VAT Act on local sales.