There are many changes comes after GST on every sector, so as in IT sector here is the changes explained below in IT sector.
GST RATE ON IT SECTOR: Rate of GST is 18 % now for all IT sector. As depends on the work as for business or for sale or for freelancers here are some of the changes listed below:
GST RATE ON IT SECTOR: Rate of GST is 18 % now for all IT sector. As depends on the work as for business or for sale or for freelancers here are some of the changes listed below:
- For business there must be a team of professionals like teams of technical and financial experts to handle new tax regime properly.
- As before no one claim the tax on AMC for their products, but now under GST they can add the tax charges in AMC of their products.
- Now IT sector starts redesigning their software product as according to the GST basis so that their customers can handle easily all the GST policies in an effective way possible.
- All developers and sellers now a days have their mind on only developing and selling of GST software only because it changes the whole scenario of a development company.
- All website designing and app development firms pay only 15% tax before now all have to pay 18% tax under GST.
Here are some of the best software for GST in market cheapest in price range listed here:
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