TMI BlogTaxability - import of servicesX X X X Extracts X X X X X X X X Extracts X X X X ..... Taxability - import of services X X X X Extracts X X X X X X X X Extracts X X X X ..... ftware for perpetual use by its foreign collaborator on a one time lump sum payment basis. Updates will be given either free for 3 years and after that on annual payment. Will the payments be taxable ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... under import of services ? Reply By V Ramanujam: The Reply: As of now, service tax is not leviable on the software sale, implementation or updation charges. Thus, no service tax liability would arise ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... under import of services in such a case. X X X X Extracts X X X X X X X X Extracts X X X X
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