Goods and Services Tax (GST) is a destination based consumption tax. It has been designed in a manner so that the tax is collected at every stage and the credit of tax paid at the previous stage is available to set off the tax to be paid at the next stage of transaction, thereby eliminating cascading of taxes. This eradicates “tax on tax” and allows cross utilization of input tax credits, which benefit the industry by making the entire supply chain tax neutral. The purpose of this write-up is to provide overview of GST for Information Technology (IT) and IT enabled Services (ITeS) sector/industries. · GST ends historical issue of software classification : Under previous tax structure, the sale of packaged software was entitled to both VAT (approximately 5%) and service tax (15%). The VAT on sales is directed to the state government whereas the service tax on service follows the central government. Also, there were cases where along with the VAT a...