Tax in software development company of india.

SYED... (ACCOUNTANT) (28 Points)

16 December 2016

hi, i want to know which type of tax, rate of tax, input credit will apply in software development company.of indian.

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3 Replies

Abhishek (Student CA IPC / IPCC) (143 Points)
Replied 17 December 2016

both vat and services tax I'll b applicable , vat because u I'll b selling software and services tax for development of software.

SYED... (ACCOUNTANT) (28 Points)
Replied 17 December 2016

Thank u sir, one thing vat and service tax credit benefit will allowed to sofware development company.

Abhishek (Student CA IPC / IPCC) (143 Points)
Replied 17 December 2016

yes it I'll b allowed

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