29 June 2016
Dear Sir One of our sister company is developing Finance Erp software and selling it.
We are charging Maharashtra VAT / CST to customer on invoice.
My question is whether we should charge VAT and Service tax both on the invoice ?
In other case one of our suppliers who sold software (licence) to us and charged M.VAT and Service tax both on the net amount. product value 100 serv tax 15% 15 m.vat 5.5% 5.50 --------------------------------------- invoice amount 120.50 ======================= We want to confirm whether service tax also should be charged along with vat on the invoice.
Our sister company is having service tax number taken voluntarily. Pl let us know any notification in this regard.
CAclubindia
