CST tax for Software in India?

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CST tax for Software in India?

We are Society doing in R & D in IT based in Chennai, We are going purchase software from Bangalore,
What is a Tax rate of CST Tax ? or any exemption is there for Softwares purchase in CST ?

Vendore Telling 4% CST Tax

2006-12-21 18:32:01 · 3 answers · asked by Noorul Ameen 2 in Business & Finance ➔ Taxes ➔ India

3 answers

The vendor is right.
The CST is 4%

2006-12-21 19:11:29 · answer #1 · answered by Longfellow 3 · 0⤊ 0⤋

Refer to www.allindiantaxes.com

2006-12-22 13:04:58 · answer #2 · answered by Anonymous · 0⤊ 0⤋

4% is the right figure.

2006-12-22 11:33:42 · answer #3 · answered by cvrk3 4 · 0⤊ 0⤋