https://www.taxtmi.com/forum/issue?id=4447 Packaged or "canned" software supplied in marketed form (on media or via retailed license packages) constitutes goods for fiscal taxation because the marketed copy is movable property capable of being bought, sold, stored and transferred; therefore VAT/CST treatment applies. Bespoke or customized software that is essentially a service remains subject to service tax principles. Administrative circulars further classify paper licenses and PUK cards by physical character for customs and indicate valuation and excise/service tax allocation rules to prevent double taxation. en-us Mon, 30 Jul 2012 12:18:26 +0530 Thu, 23 Jan 2025 15:57:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4447 Packaged or "canned" software supplied in marketed form (on media or via retailed license packages) constitutes goods for fiscal taxation because the marketed copy is movable property capable of being bought, sold, stored and transferred; therefore VAT/CST treatment applies. Bespoke or customized software that is essentially a service remains subject to service tax principles. Administrative circulars further classify paper licenses and PUK cards by physical character for customs and indicate valuation and excise/service tax allocation rules to prevent double taxation. Discussion-Forum Service Tax Mon, 30 Jul 2012 12:18:26 +0530 https://www.taxtmi.com/forum/issue?id=4447