excise

Are Internet Companies (.com) taxed? Any business attracts various types of taxes, like Income Tax, Sales Tax, Excise Duty, VAT etc etc.. What about Internet Companies? Any idea?

Check this link......its mentioned list reagarding cheaper and dearer stuff affected by todays budget but nothing about hardwares..... *www.expressindia.com/fullstory.php?newsid=82133 CHEAPERS,,,,,,,,,,,,,,,,,,, Customs duty on man-made yarn and poly-fibre cut to 7.5% No...

Yes! the Union Budget 2006 announced by Finance Minister has : Quote "138. I propose to impose an 8 per cent excise duty on packaged software sold over the counter. Customized software and software packages downloaded from the internet will be exempt from this levy." Unquote So...