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what is modvat and cenvat
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Answer / vaibhav sharma
modvat - exice duty on purchse
and
cenvat - exice duty on sale
| Is This Answer Correct ? | 19 Yes | 4 No |
Answer / dev
modvat is eralier machanism of input vat & output vat
while cenvat is recent concept of determining the vat
liability
only name changed
not the cocept
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / sonal
who ever have ticked the first ans right please confirm
it....name is changed not the concept .
| Is This Answer Correct ? | 0 Yes | 0 No |
kindly advise me any set off in excise duty in maharashtra
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1 Answers Triple A Overseas Ltd,
1000 unit one into process at cost 100000. loss at 10% of input is considered normal, which is realisable at rs 1/unit.the actual prodution is 920 unit , find the abnormal gain?
Suppose A, Delhi is selling material to B, Chhhattisgarh & B wants this material at Bhopal. A bills like sold to party B, Chhattisgarh & Ship to party C, Bhopal. Whereas C is a site office of B. In this case whiling billing A required TIN no of B & C or proving TIN no of B is enough?
as we are having are unit in a area where excise duty is not applicable and on my purchase i am paying excise duty can i take refund of the duty paid by me and what was is procedure? plz. replay to my on my id ngaggarwal@yahoo.com
I MR A REGISTER DEALER IN MUMBAI [MAHARASHTRA], I WANT TO PURCHASE GOODS FROM BANGLORE AND DIRECTRY SALE TO HYDRABAND. IN THIS CASE WHO TO MAKE / PREPARE MY SALES BILL IN MUMBAI AND WHICH SALES TAX FORM I WHAT TO ISSUED.
Audit 
