We have imported one Engine Calibration System from one supplier situated in Germany
From the same supplier we have to purchase licensed software to make above referred Calibration Sys. workable
The software will be supplied in CD
Is the import transaction of License Software attracts any Tax liability such as Customs Duty, Service Tax etc.
Please provide legal opinion
Regards,
Clarifying Tax Liabilities for Importing Software: Excise Duty, Customs Duty, Service Tax, VAT/CST Explained for Different Software Types. An individual inquired about the tax liabilities associated with importing licensed software on a CD from Germany to make an Engine Calibration System operational. Two responses were provided. The first response directed the individual to a document for more details. The second response outlined various tax implications based on the software category, indicating potential liabilities such as excise duty, customs duty, service tax, and VAT/CST depending on whether the software is packaged, tailor-made, or downloaded. The discussion aimed to clarify the tax obligations for different types of software imports. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
