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Sale, licensing and assignment of software

Sale of software on the internet
Sale of software on the internet will attract service tax.
Licensing of software
Licensing of software would attract service tax. Income tax will also have to be paid on the income from such licensing. Please note that some states have been issuing notices for payment of VAT on such licenses as well.
Assignment of software
Assignment of software amounts to transfer of the copyright in the software and hence would attract VAT/ CST.

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