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TMI BlogCenvat Rules - Commercial Coaching & trainingX X X X Extracts X X X X X X X X Extracts X X X X ..... Cenvat Rules - Commercial Coaching & training X X X X Extracts X X X X X X X X Extracts X X X X ..... lain 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 as to taxable ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... & 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 [email protected] Reply B ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y 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 value of exempted ser ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vice 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 course, either you hav ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e 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 course' which may be e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xamined. X X X X Extracts X X X X X X X X Extracts X X X X
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