Commissioner Aligns Software Transaction Classification with Global Standards; Differentiates Pre and Post-16.05.2008 Services as IP and IT Services.

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Full Text of the Document

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....Supply of services or not? - third party software - The approach of commissioner while dealing with the issues is in accordance with the international practices of treatment of the software related transactions. Thus the order of the Commissioner holding that these services are classifiable under the category of ‘Information Technology Software Services’ after 16.05.2008 and prior to that under the category of ‘Intellectual Proper Services’ cannot be faulted with.....