Wheterh service tax & VAT both is applicable on softwares? If yes, on what value ST & VAT would charge and can i get credit on such ST/VAT?
Thanks
G.SARAVANA KANNAN
(MANAGER FINANCE & ACCOUNTS )
(241 Points)
Replied 01 October 2009
This is already discussed in this forum. kindly check the following link. It may help you.
/experts/experts_message_display.asp?group_id=245260
Madhukar N Hiregange
(Chartered Accountant)
(39034 Points)
Replied 03 October 2009
The ready to sell software in physical form is only to suffer VAT/ CST.
The electronic download however is being sought to be clollected by the state as well as the centre in the form of servic etax.
In my view the liability under VAT exists as confirmed by TCS case. Liability under ST may not exist as it would be struc\k donw in due course of time.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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