Dear All Experts,
Please provide me criteria on SOFTWARE under VAT , CSt & ST
Vat, cst & st on softwares
Nilesh Koparde (Hardwork is a key of Success...) (678 Points)
29 December 2012
Nilesh Koparde (Hardwork is a key of Success...) (678 Points)
29 December 2012Dear All Experts,
Please provide me criteria on SOFTWARE under VAT , CSt & ST
Ankit verma
(Student CA Final )
(42 Points)
Replied 29 December 2012
zentak sftwere....
u can get more detail on gooooglllleeee....uncle...
pankaj sharma
(student ca final)
(182 Points)
Replied 20 April 2013
if we purchased sotware then vendor charged VAT or CST as the case may be. but if the same has not been covered under sale of goods then liable to ST. u have cleared by below example:-
Mr. X (Vendor/Seller)--------------------------------Mr. Y(Buyer)
Mr. x sold software (e.g. tally software) permanently to Mr. y i.e. transfer all rights and possession to buyer permanently then this transaction liable to sales tax.
In the above exmaple if Mr. X transfer rights on temporary basis (E.g sell tally software on temporary basis i.e. mr. y needs to renewal tally software time to time) then this transaction liable to service tax.
Support-Sec 66 E (declared services- Service tax rules) and Article 366A -constitution of India.
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
