Dear all'
Please letme know, Wether vat is applicable on sale of Software?
8 Replies
Late CA Sampat Jain
(Chartered Accountant)
(4772 Points)
Replied 02 September 2007
I remember there is a Supreme Court Case in whcih it was held that packaged software is goods and sales tax is payable on it
CA RAJESH GUPTA
(CA)
(321 Points)
Replied 03 September 2007
Sale of software , it comes with in the perview of goods & services and vat is liable on the same.
Anand
(481 Points)
Replied 06 September 2007
Yes packed/wired software is liable to VAT based on Supreme Court Judgement in respect TCS
Shivjeet Chopra
(Chartered Accountant)
(151 Points)
Replied 06 September 2009
| Originally posted by :RAVIKUMAR R. C. | ||
| " | Dear all' Please letme know, Wether vat is applicable on sale of Software? |
" |
It should be....cuz ur selling sumthin n hence dose r goods ...thus VAT comes into picture...btw iv herd all indirect taxes are goin to be converted into one tax called GST...which wil solve a hell lot f confusions created cz f dese indirect taxes....
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