Customs duty on Software / License - Non-shippable.
This query is : Resolved
06 March 2020
Hi
We intend to buy software / License (non-shippable Item) from overseas companies.
Do we have to pay customs duties if the licenses key are fulfilled through email?
do we still have to deduct TDS if it comes through customs?
if we pay both isn't it a dual tax.
Pls advise,
Thanks
Navin
We intend to buy software / License (non-shippable Item) from overseas companies.
Do we have to pay customs duties if the licenses key are fulfilled through email?
do we still have to deduct TDS if it comes through customs?
if we pay both isn't it a dual tax.
Pls advise,
Thanks
Navin
06 March 2020
No customs duty payable on such purchase. TDS applicable at 10%. IGST payable under RCM.
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