Service Tax on software, Goods and Services Tax - GST

[Parth Agarwal]

In reference to topic: https://www.taxmanagementindia.com/visitor/detail_article.asp?ArticleID=6871&kw=service-tax-exemption-packaged-customized-software

packaged software is exempt from service tax. The software I sell is packaged and downloadable so no custom duty is applicable. Is that also true in case of GST? Is only 5% VAT/GST now applicable from july 1?

Thanks,

Parth

Posts / Replies

[Rama Krishana]

Information technology Software is exempt from service tax subject to conditions where customs duty / central excise duty / vat etc. is liable to be paid.

Under GST regime, software most likely to be taxed @18%