SERVICE TAX ON SOFTWARE DOWNLOADED FROM INTERNET AND SOLD
This query is : Resolved
04 May 2009
1. DOES ANY SOFTWARE DOWNLOADED FROM THE INTERNET ALONG WITH ITS KEY AND SUBSEQUENTLY SOLD ATTRACT SERVICE TAX? THESE TRANSACTIONS ARE DONE CONTINOUSLY AS BUSINESS.
2. WHETHER ANY TDS TO BE DEDUCTED ON PAYMENTS MADE FOR PURCHASE OF SOFTWARE THROUGH THE NET AND SOLD SUBSEQUENTLY?
FOR BOTH THE ABOVE QUERIES VAT/CST WILL BE PAID ON THE SALE MADE IN INDIA.
2. WHETHER ANY TDS TO BE DEDUCTED ON PAYMENTS MADE FOR PURCHASE OF SOFTWARE THROUGH THE NET AND SOLD SUBSEQUENTLY?
FOR BOTH THE ABOVE QUERIES VAT/CST WILL BE PAID ON THE SALE MADE IN INDIA.
05 May 2009
Whatever payment is made for keys/permission etc. is import of service and liable of service tax under Section 66A.
No TDS is required to be made as it is a transaction in goods.
Yes.
Further, if you are recording the softwere after download on some media, the process amount to manufacture and Central Excise duty is payable.
No TDS is required to be made as it is a transaction in goods.
Yes.
Further, if you are recording the softwere after download on some media, the process amount to manufacture and Central Excise duty is payable.
05 May 2009
VAT/CST is applicable on sale of goods which includes software.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Confusion around Form 26QB fields
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
Trending Online Classes
CAclubindia
