Just We are Purchase IT Software Ex.Office standard 2007,Window Server Cal 2008,windpro 7.vender bill raise service tax & Vat Claim in Bill so i am confiuse,i am pay service tax or vat .
15 June 2010
YOU HAVE TO PAY BOTH SERVICE TAX AND VAT AFTER DEDUCTING TDS AND YOU CAN UTILISE THE BOTH AMOUNT AS INPUT CREDIT. VAT IS LEVID ON PURCHASING SOFTWARE AND SERVICE TAX IS LEVID ON INSTALLATION AND MAINTENANCE CHARGES.
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