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 ) ?
vasoya ankit (Practice) (137 Points)
19 August 2013our 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 ) ?
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.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
