Trading from Abreoad to Abroad treated as Ecempted Service?

[P Ovhal]

Dear Experts

My questions about Rule 6 of CCR

Trading sales activity is a Taxable Service? if trading sale make form abroad to abroad, trader can provide a Exempted Service? and liable to reverse CENVAT credit U/R 6?

Thanks

AI Summary

Discussion on Trading Activities Exempt from Service Tax under Section 66D(e); CENVAT Credit Implications under Rule 6 Analyzed. A forum discussion addresses whether trading activities conducted from one foreign country to another are considered exempt services under Indian service tax laws. Participants clarify that trading goods is on the Negative List under Section 66D(e) of the Finance Act, 1994, meaning it is not subject to service tax, even if conducted abroad. The discussion also touches on the implications for CENVAT credit reversal under Rule 6 of the Cenvat Credit Rules, 2004. It is noted that if common input services are used in India for trading abroad, the value of such trading should be considered for CENVAT credit reversal.