| | |           Rss   
 
 
 

Follow Us:

Archive >> Apr 15 2009   Get FREE Newsletter    
LATEST ISSUE

PREVIOUS ISSUES

VIDEOS
 
WHITEPAPERS
» IP Voice trading System
» Dealer Desk of the Future
» Top 10 Security Risks
» How Green is your IT?

                    More
 
ADVERTISEMENT



 


There is confusion about the applicability of taxes on the sale of packaged products such as ERP software. Prior to May 2008, only VAT was applicable. However, an Uttar Pradesh (UP) government notification created confusion and partners were advised to charge both VAT and ST. There is no clear information available. In the meantime, we have managed to charge some, but failed to collect taxes from others. How do we solve this problem?

Ajay Mian, All e Technologies

T G RAMESH — Most of us have been facing this problem. It is prevailing not only in UP but also in other states. Several associations have taken up the matter with Nasscom and the finance ministry. We can expect some positive developments once the new government is formed after the elections. In the meanwhile, this being a statutory levy, it has to be passed on to customers otherwise the liability will be on us.

  Print this Page   E-mail this Page
Comment:*
First Name:*
Last Name:*
Company:
City:*
E-mail:*
Verification Code:*

Type the characters you see in the picture above.
 
    Reset
Comments
8/12/2010 7:03:27 PM
 
The Licence Software / Packaged Software, are treated as a good and attracts Value Added Tax, Counter Vailing Duty and Central Sales Tax as well, but we have to check it the Rate of Tax from different states.
 
 - Venkata Narayana,Omni Infosys Solutions Pvt Ltd,Indore
10/26/2009 11:56:50 PM
 
yes, i do think that ST and VAT should apply on software selling because actually we are selling software means it is soft copy it may be CD or floppy disk, since we are selling product so, and for any software problem we also giving service to customer hence ST should be apply.
 
 - Niranjan Koyle,,Mumbai
8/8/2009 4:20:29 AM
 
Is both VAT and Service Tax applicable on the decoration / tentage / event management work?
 
 - Suresh chandra,Q Events,Noida
1
 
MOST POPULAR
 
MOST DISCUSSED
 
EDITOR'S BLOG

Read the fine print

Recently, a partner told me that a leading vendor has sent letters to several of its partners stating that they would like to audit the partners’ business. When the partner refused, he was sent a notice by the vendor’s legal department stating that the partner’s contract made it mandatory for him to comply with the vendor’s demand

NEW PRODUCTS

Simmtronics ships slim desktops

The desktop range comes with 15.6, 18.5 and 20-inch LCD monitor options

POLL
Has payment defaults increased among your channels?


 View Polls Archive
 
CRN SPECIAL

Channel Champions 2009

Outlook 2010

ADVERTISEMENT