https://www.taxtmi.com/forum/issue?id=110758 Where a taxpayer makes both dutiable and exempted supplies without separate inventory records, Rule 6(2) allows either payment of a prescribed percentage of the value of exempted goods and exempted services-capped by the opening credit balance plus credits taken during the period-or calculation of credit attributable to exempted supplies by the formula in sub rule 3A; the choice depends on which method is more beneficial and on recordkeeping requirements. en-us Sat, 06 Aug 2016 08:14:08 +0530 Thu, 23 Jan 2025 15:56:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110758 Where a taxpayer makes both dutiable and exempted supplies without separate inventory records, Rule 6(2) allows either payment of a prescribed percentage of the value of exempted goods and exempted services-capped by the opening credit balance plus credits taken during the period-or calculation of credit attributable to exempted supplies by the formula in sub rule 3A; the choice depends on which method is more beneficial and on recordkeeping requirements. Discussion-Forum Service Tax Sat, 06 Aug 2016 08:14:08 +0530 https://www.taxtmi.com/forum/issue?id=110758