23 December 2010
Suppose my sister concern is in U.S and it gave me Adob Software to use which has been purchased by U.S company so it will obviously recover some part of cost. So whether i will have to pay service tax on that amount or ST will not apply
27 December 2010
The ITSS entry is - provding the right to use ITS supplied electronically. In my view this is a transaction of VAT and not a service and therefore not laible under reverse charge. However a recentdecsion -Association of software dealers - opines that in the transfer of right to use there is a rendition of service.
CAclubindia
