Can anyone clarify the latest position on whether Service Tax also
applies for licensed software products originating from India.
Am speciifcally asking its applicability for software products originating from India since imported software products may be billing for service tax for other reasons.
If it is applicable it means that Service + VAT + TDS applies, apart from the numerous other taxes applicable. Isnt this double taxation? Can someone from Nasscom give an answer on behalf of the software product industry? Also requesting those who have found a solution to this (e.g. have consulted experts) to share their conclusions.
Am speciifcally asking its applicability for software products originating from India since imported software products may be billing for service tax for other reasons.
If it is applicable it means that Service + VAT + TDS applies, apart from the numerous other taxes applicable. Isnt this double taxation? Can someone from Nasscom give an answer on behalf of the software product industry? Also requesting those who have found a solution to this (e.g. have consulted experts) to share their conclusions.
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