Forgot password
New User/ Regiser
⇒ Register to get Live Demo
2004 (11) TMI 11 - SC - VAT and Sales Tax
Computer software - A software may be intellectual property but such personal intellectual property contained in a medium is bought and sold. It is an article of value. It is sold in various forms like - floppies, disks, CD-ROMs, punch cards, magnetic tapes, etc. Each one of the mediums in which the intellectual property is contained is a marketable commodity - The software marketed by the Appellants is canned software and, thus, would be exigible to sales tax.
