https://www.taxtmi.com/forum/issue?id=3176 An explanation to clause (d) of the CENVAT credit Rules treats Trading as exempted services, triggering either separate accounting or payment equal to five percent of the value where inputs or input services are used for trading; sub rule (3D) of Rule 6 deems the value for trading to be the difference between sale price and purchase price when ordinary valuation is not available. en-us Fri, 15 Jul 2011 09:54:37 +0530 Thu, 23 Jan 2025 15:58:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3176 An explanation to clause (d) of the CENVAT credit Rules treats Trading as exempted services, triggering either separate accounting or payment equal to five percent of the value where inputs or input services are used for trading; sub rule (3D) of Rule 6 deems the value for trading to be the difference between sale price and purchase price when ordinary valuation is not available. Discussion-Forum Service Tax Fri, 15 Jul 2011 09:54:37 +0530 https://www.taxtmi.com/forum/issue?id=3176