TaxTMI 
TaxTMI 
Is trading of goods is classifiable under service or exempted service before April 01, 2011 and whether rule 6 of CCR 2004 is also applicable before April 01, 2011.If so, please quote relevant statutory provisions.
Trading of goods- service before April 01, 2011
20 Sep 2014 
2 Replies 
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Trading of goods as service: tribunals sometimes treated trading as taxable service using a proportionate assessment.
Query whether trading of goods before April 1, 2011 was classifiable as a taxable service and whether the Central Excise Rules (2004) allocation provision applied; tribunals were reported to have sometimes treated trading as service using a proportionate, facts-based assessment rather than a fixed percentage, and the later statutory fixed allocation was introduced to address limited service consumption in trading compared with manufacturing or pure services. (AI Summary)
Query whether trading of goods before April 1, 2011 was classifiable as a taxable service and whether the Central Excise Rules (2004) allocation provision applied; tribunals were reported to have sometimes treated trading as service using a proportionate, facts-based assessment rather than a fixed percentage, and the later statutory fixed allocation was introduced to address limited service consumption in trading compared with manufacturing or pure services. (AI Summary)