Ans: The development, programming, design, customisation, and implementation of software is treated as services. However, supply of a pre-made or pre-designed software, made available via any medium, such as over-the-counter sale or through encryption keys, is regarded as supply of goods.
Traders & composition levy
- Is there any scheme for payment of taxes under GST for small traders?
- What is the eligibility category for opting for composition levy? Which are the Special Category States in which the turnover limit for Composition Levy for CGST and SGST purpose shall be Rs. 75 lakhs
- Whether software is regarded as goods or services in GST?
- What are the implications of recognising the development, design, programming, customisation, adaptation, upgradation, enhancement, and implementation of information technology software as a service?