My client want to export packaged Software license to the US.
I want to know whether he will be liable to collect VAT / CST from forigien buyer and pay to the Indian Govt.
Regds
SHALINI JAIN (CHARTERED ACCOUNTANT) (66 Points)
26 October 2014My client want to export packaged Software license to the US.
I want to know whether he will be liable to collect VAT / CST from forigien buyer and pay to the Indian Govt.
Regds
CA Yuvraj Tiwari
(Chartered Accountant)
(86 Points)
Replied 26 October 2014
CA Yuvraj Tiwari
(Chartered Accountant)
(86 Points)
Replied 26 October 2014
Jaikishan
(CA)
(168 Points)
Replied 26 October 2014
According to my view since it is export of software CST or VAT will not be applicable as article 286 (1) (b) of Constitution of India prohibits imposition of sales tax on import and export by state government.
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