TaxTMI 
TaxTMI 
Import of software - custom duty and service tax
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....mport of software - custom duty and service tax<br> Query (Issue) Started By: - Subhash Singh Dated:- 26-10-2009 Last Reply Date:- 12-12-2009 Customs - Exim - SEZ<br>Got 2 Replies<br>Customs<br>what i....
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....s the custom duty, service tax and other duties on importing software in India Reply By Dinesh Gupta: The Reply: Customs duty exempted on import of soft wares in India. Excise duty is exempted subjec....
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....t to payment of service tax on software. It seems that Cent. Govt. itself is undecided on this issue that this type of arrangement. Therefore, at the time import, you need to pay service tax as receip....
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....ient of service / reverse charge method. However, you also be required to pay VAT along with service tax for resale of software in India. Reply By rishi mohan: The Reply: In case of importing of soft....
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....wares in India, custom duty is fully exempted. But excise duty is exempted with subject to payment of sevice tax on importing of software. Service tax need to be paid on importing of software. This li....
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....ability is to be borne by the receipient of such services in India.On the other hand a tax liability known as sales tax/VAT required to be paid along with service tax for resale of software in India. ....
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....Sales tax/ Vat and service tax both will be applicable in case of importing and then resaling of software in India.<br> Discussion Forum - Knowledge Sharing ....