Selling time slot for advertisement on internet

[satbir singhwahi]

Selling time slot for advertisement on internet, if cenvat taken fully for other taxable service . Then 6 percent has to be paid for Selling time slot for advertisement on internet. Is this correct treatment.

AI Summary

Exploring Service Tax Treatment for Internet Ad Slots: Rule 6(3A) vs. Rule 6(3) for CENVAT Credit Reversal. A discussion on the appropriate treatment of service tax for selling advertisement time slots on the internet. The initial query asks if paying 6 percent is correct when full CENVAT credit is taken for other taxable services. One response suggests maintaining separate accounts for taxable and non-taxable services and reversing credits for non-taxable services, or using a formula under Rule 6(3A) of CCR. Another response advises that the 6 percent reversal may not be cost-effective if credits are low, recommending the proportionate reversal method under Rule 6(3) instead.