Selling time slot for advertisement on internet

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....elling time slot for advertisement on internet<br> Query (Issue) Started By: - satbir singh wahi Dated:- 9-5-2014 Last Reply Date:- 12-5-2014 Service Tax<br>Got 2 Replies<br>Service Tax<br>Selling tim....

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....e slot for advertisement on internet, if cenvat taken fully for other taxable service . Then 6 percent has to be paid for Selling time slot for advertisement on internet. Is this correct treatment. R....

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....eply By Ashish Chaudhary: The Reply: This is one of the option. Alternatively, you can maintain separate books of account showing the value of taxable as well non taxable service and can reverse the ....

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....credit attributable to non taxable services. Another option is to reverse as per Formula provided under Rule 6(3A) of CCR by complying with the prescribed procedure. Reply By Madhukar N Hiregange: T....

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....he Reply: Since the credits may not be very high the 6 percent reversal option may not be economically viable/. The proportionate reversal method under 6(3) is preferable if possible.<br> Discussion ....

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