12 October 2017
Dear Experts, I have purchased the tally software with 18% GST. Pls let me know....1) can I avail the ITC of GST paid on software purchase..... 2) whether software tally is revenue or capital expenditure,
12 October 2017
Yes you can avail ITC on the same. It depends whether you captalize the same in your books. If you capitalize it, the same will be Capital Goods for GST.
CAclubindia
