our company is broker in MXC & BSE & NSE is providing software(ODIN) to sub broker(Ap) to use software for trading purpose
what is applicability of service tax on CTCL Charges ( for use of ODIN softwate license of Stock Broker ) ?
1 Replies
Prabhat Kumar
(Advocate & Consultant)
(1912 Points)
Replied 21 August 2013
In the negative list regime you are liable to pay Service Tax on the consideration received by you for the use of your software by theothers.
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