TaxTMI 
TaxTMI 
Difference b/w non taxable service and exempted service.
X X X X Extracts X X X X
X X X X Extracts X X X X
....ifference b/w non taxable service and exempted service.<br> Query (Issue) Started By: - V.K. Verma Dated:- 19-11-2007 Last Reply Date:- 21-11-2007 Service Tax<br>Got 2 Replies<br>Service Tax<br>What i....
X X X X Extracts X X X X
X X X X Extracts X X X X
....s the difference between non taxable service and exempted service. (Reference Rule 6 of Cenvat Credit Rules'04) Reply By YASHAVANTH R.M.: The Reply: In my opinion Non Taxable services are the service....
X X X X Extracts X X X X
X X X X Extracts X X X X
....s where ST not applicable Example: Export of service, Renting services to certain catagories etc.,[which is classified as nontaxable in service catagory itself ] Exempted services are services where t....
X X X X Extracts X X X X
X X X X Extracts X X X X
....he General exemption given in ST rules Example:- Service to SEZ,Services to United states, Turnover exemption upto Rs. 8.00lakhs, Services to IT Incubators,etc., In Cenvat credit rule 6 refers, if com....
X X X X Extracts X X X X
X X X X Extracts X X X X
....mon Inputs or common services received & utilized for out put services we are eligible on 20% of the cenvat credit [refer 16 services for such credit ] Reply By V Ramanujam: The Reply: For the purpos....
X X X X Extracts X X X X
X X X X Extracts X X X X
....e of CENVAT Credit Rules, there is no difference between non-taxable or exempted service as both the above category of services are under covered within the definition of 'exempted services' - Rule 2(....
X X X X Extracts X X X X
X X X X Extracts X X X X
....e) of CENVAT credit Rules.<br> Discussion Forum - Knowledge Sharing ....