https://www.taxtmi.com/forum/issue?id=747 Where a service provider renders both taxable and exempt services and keeps no separate records, it must either make the prescribed payment on the value of exempted services or reverse the Cenvat credit attributable to inputs and input services used for those exempted services under the prescribed formula; classification of specific courses (e.g., whether they are "vocational courses") determines whether the exemption-linked payment or reversal obligation applies. en-us Mon, 21 Apr 2008 09:23:00 +0530 Thu, 23 Jan 2025 15:58:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=747 Where a service provider renders both taxable and exempt services and keeps no separate records, it must either make the prescribed payment on the value of exempted services or reverse the Cenvat credit attributable to inputs and input services used for those exempted services under the prescribed formula; classification of specific courses (e.g., whether they are "vocational courses") determines whether the exemption-linked payment or reversal obligation applies. Discussion-Forum Service Tax Mon, 21 Apr 2008 09:23:00 +0530 https://www.taxtmi.com/forum/issue?id=747