https://www.taxtmi.com/forum/issue?id=109372 Exported goods are dutiable and must be included in the denominator when computing the input-output ratio for Cenvat apportionment, while credit attributable to inputs used for exports need not be reversed. Where chosen, a composition payment based on the value of trading services is an alternative to formulaic apportionment. If detailed apportionment is used, the formula allocates credit to exempted services by reference to the ratio of exempted service value to total dutiable output value (including exports), and reliance on an auditor's certificate reflecting actual consumption may be required. en-us Wed, 04 Nov 2015 11:38:56 +0530 Thu, 23 Jan 2025 15:56:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109372 Exported goods are dutiable and must be included in the denominator when computing the input-output ratio for Cenvat apportionment, while credit attributable to inputs used for exports need not be reversed. Where chosen, a composition payment based on the value of trading services is an alternative to formulaic apportionment. If detailed apportionment is used, the formula allocates credit to exempted services by reference to the ratio of exempted service value to total dutiable output value (including exports), and reliance on an auditor's certificate reflecting actual consumption may be required. Discussion-Forum Service Tax Wed, 04 Nov 2015 11:38:56 +0530 https://www.taxtmi.com/forum/issue?id=109372