Software As A Service Gst. This has now increased to 18 under GST. Suppliers must collect and remit the tax when billing their customers for the monthlyannual charges under the contract.
This has now increased to 18 under GST. Use business accounting software that produce tax invoices automatically and generate reports of payable GST and credits at BAS time. IGST will apply on reverse charge mechanism.
To establish an official policy on the question of whether computer software imported on a physical medium should be treated as tangible personal property or intangible personal property for the purpose of the GST and to explain whether the imported software is taxable under Division III Division II.
Freelancers offering software services such as designing app development website designing etc earlier paid a service tax of 15. Whether software is regarded as goods or services in GST. Use business accounting software that produce tax invoices automatically and generate reports of payable GST and credits at BAS time. IGST will apply on reverse charge mechanism.