https://www.taxtmi.com/article/detailed?id=5661 Taxability of software licensing turns on whether the contract effects a transfer of right to use goods or instead creates a non-transfer licence/service. Key indicia are existence and identity of goods for delivery, legal entitlement of the transferee to use the goods including necessary permissions, exclusivity of rights during the period, effective control over use, and assignment of intellectual property. Application to software depends on contractual terms-exclusive transfers or assignment favor characterization as transfer of goods; non exclusive EULAs and retained ownership favor licensing/service treatment. en-us Thu, 12 Jun 2014 10:41:59 +0530 Thu, 12 Jun 2014 10:41:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5661 Taxability of software licensing turns on whether the contract effects a transfer of right to use goods or instead creates a non-transfer licence/service. Key indicia are existence and identity of goods for delivery, legal entitlement of the transferee to use the goods including necessary permissions, exclusivity of rights during the period, effective control over use, and assignment of intellectual property. Application to software depends on contractual terms-exclusive transfers or assignment favor characterization as transfer of goods; non exclusive EULAs and retained ownership favor licensing/service treatment. Articles Service Tax Thu, 12 Jun 2014 10:41:59 +0530 https://www.taxtmi.com/article/detailed?id=5661