I would like to know that the Software has been purchased for R & D for this one can we avail Service tax. , Central Excise

[PRADEEP jain]

DEar Sir,

I would like to know that the Software has been purchased for R & D for this one can we avail Service tax.

 

Regards

praddep Jain

 

Posts / Replies

[JAMES PG]

If the R&D is directly or indirectly meant for the  quality control or for the  manufacture of final products of your factory, or for the provision of service, credit is eligible

[karthick karthick]

what meaning of R & D

Discovering new knowledge about products, processes, and services, and then applying that knowledge to create new and improved products, processes, and services that fill market needs.

 

 

this is correct  ah sir ...........