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Applicability of vat

This query is : Resolved 

23 February 2015 in case of sale of software license is vat levied on service tax. on 23-02-2015 I read a post about convergence of As. in that every company should follow ac/ing std.it means did exempted class of companies also should follow ac/ing std. please solve my queries sir.

24 February 2015 There will be no VAT on service tax and vice versa,irrespective of the accounting standard follwed.....mjk



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