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The Taxability of Softwares in India on payments to Non-resident or foreign companies - 1

24 Apr, 2024

By Vidhu

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The Taxability of Softwares in India on payments to Non-resident or foreign companies - 1

Classification of Software licenses under GST

Under GST, Software can be categorized as Goods or Services

1)      Software purchased in packaged form & bought off the shelf in retail treated as ‘Goods’

2)      Software downloaded through electronic medium or through link over e-mail are treated as ‘Services’