TMI BlogCenvat Rules - Commercial Coaching & trainingX X X X Extracts X X X X X X X X Extracts X X X X ..... Sir Can u explain by way of example the new cenvat rules for Commercial Coaching training Company which renders both taxable and exempted services and no seperate record is kept for input services a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s to taxable exempted services.Also clarify whether TOEFL IELTS cources are exempt under vocational services in respect of forign language cources. Satbir Singh Wahi Fca 09143-31105 satbirca@yahoo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... .com - Reply By V Ramanujam - The Reply = As per the amended CENVAT Rules, in the absence of separate records, the service provider providing both taxable/exempted service is to either pay 8% on valu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e of exempted service render or to reverse the CENVAT Credit relatable to inputs/input services used in providing the exempted service (as per formula prescribed). Thus, if render any vocational cours ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e, either you have to pay 8% on its income or to reverse the CENVAT on input service relatable to providing of such course. But I feel TOEFL/IELTS course may not come within the term 'vocational cour ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... se' which may be examined. - Cenvat Rules - Commercial Coaching & training - Query Started By: - satbir singh wahi Dated:- 21-4-2008 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Know ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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