I have an my own app store. I would be selling my own developed apps through that app store.What tax (Service Tax, Excise,Vat) to charge when we sell the app through the app store to the general public?
akash agarwal (student) (85 Points)
20 March 2016I have an my own app store. I would be selling my own developed apps through that app store.What tax (Service Tax, Excise,Vat) to charge when we sell the app through the app store to the general public?
Dev Patel
(Student CA Final )
(513 Points)
Replied 20 March 2016
Dear Akash @ Instead of Google Playstore if you have own playstore or using any payment gateway or bank account to received the money then service tax is applicable when your turnover cross 9 lac in a Year.
you have to just only pay income tax. so if your business or startup is not registered then as Sole Proprietorship firm apply for the service tax registration certificate & open a current bank account.
you can done it online also via some portal like myonlineca
akash agarwal
(student)
(85 Points)
Replied 21 March 2016
But as per the rules vat is also applicable on app development and selling of packaged software.App also comes under the definition of packaged software.The vat rate will be as per the respective state laws. Can you check and confirm? Would request you to check also also for excise....
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