TMI BlogQuery - service tax returnX X X X Extracts X X X X X X X X Extracts X X X X ..... Query - service tax return X X X X Extracts X X X X X X X X Extracts X X X X ..... mn F gross amount received against service provided should the entire taxable and non taxable be taken what happens if a trader sells some products which is liable to VAT is this to be taken as non ta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xable service Reply By Rama Krishana: The Reply: Trading activity is neither a taxable service nor an exempt service. Trading activity is not falling within the perview of exempted services and there ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... fore, the value of trading activity may not be shown as non-taxable / exempted service X X X X Extracts X X X X X X X X Extracts X X X X
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