TMI BlogTrading of goods- service before April 01, 2011X X X X Extracts X X X X X X X X Extracts X X X X ..... Trading of goods- service before April 01, 2011 X X X X Extracts X X X X X X X X Extracts X X X X ..... goods is classifiable under service or exempted service before April 01, 2011 and whether rule 6 of CCR 2004 is also applicable before April 01, 2011.If so, please quote relevant statutory provisions. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Reply By Madhukar N Hiregange: The Reply: It should not be so. However I understand that Tribunals are leaning on saying it is. In fact I understand that at times they are saying that it is proport ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ionate and the 10% formula is not applicable.!! It is a fact that in providing services more services would be consumed and in manufacturing some amount and in trading very less. The law had reco ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gnised that and now understanding that the proportion is less the 10% rule has been introduced.
Reply By AAKASH KUMAR:
The Reply: Thank you sir for your valuable reply. X X X X Extracts X X X X X X X X Extracts X X X X ..... wledge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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