Please guide me that whether TDS is applicable on Purchase of Software (i.e. Tally ERP). As the Invoice bill of Tally Solutions is as under:
Software (Tally ERP) Cost = Rs.50000/-
Service Tax @ 12.36%=Rs.6180/-
Central Sales Tax @ 5% On (50000+6180) =Rs.2809/-
Total = 58989/-
I also want to know why the CST charged on Service tax? Whether co. can charge the tax on tax?
Please reply soon as its urgent??
Thanks in advance..