https://www.taxtmi.com/article/detailed?id=6076 Information Technology Software is any machine readable representation of instructions, data, sound, image, source code or object code capable of manipulation or providing interactivity. Development, design, programming, customization, adaptation, upgradation, enhancement and implementation of ITS are declared services subject to service tax, while sale or transfer of pre packaged software and licences that effect transfer of property are treated as goods liable to VAT. Cloud hosted access, on site development, testing, implementation, maintenance and disaster recovery using provider infrastructure are generally taxable as services, whereas physical transfer or right to use transfers implicate VAT. en-us Fri, 20 Feb 2015 08:41:50 +0530 Fri, 20 Feb 2015 08:41:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6076 Information Technology Software is any machine readable representation of instructions, data, sound, image, source code or object code capable of manipulation or providing interactivity. Development, design, programming, customization, adaptation, upgradation, enhancement and implementation of ITS are declared services subject to service tax, while sale or transfer of pre packaged software and licences that effect transfer of property are treated as goods liable to VAT. Cloud hosted access, on site development, testing, implementation, maintenance and disaster recovery using provider infrastructure are generally taxable as services, whereas physical transfer or right to use transfers implicate VAT. Articles Service Tax Fri, 20 Feb 2015 08:41:50 +0530 https://www.taxtmi.com/article/detailed?id=6076