Input Credit

This query is : Resolved

dineshkadaba (Querist)
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28 December 2008 Sir,

One of the Company's nature of business is trading in Computor Software and Computor Hardware. And thier Main business is trading in Computor Hardware.

1.is service tax applicable for software sales? if it is applicable, can they avail input credit on telephone bill,professional charges 100%.

Kindly request.

C A GROUP COACHING

C A GROUP COACHING (Expert)
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28 December 2008 SERVICE TAX IS APPLICABLE ONLY ON SERVICES & NOT ON SALES TRANSACTIONS EXCEPT FOR WORKS CONTRACT/JOB WORK SALES
YOUR IS TRADING TRANSACTIONS AS MENTIONED SO NO SERVICE TAX

CHANDRAKANT AMBANI
BOMBAY
9819408963
9821240674

dineshkadaba

dineshkadaba (Querist)
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28 December 2008
thanks a lot sir. but service department says, service tax applicable even for trading software.

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