what is modvat and cenvat

Answer Posted / vaibhav sharma

modvat - exice duty on purchse
and
cenvat - exice duty on sale

Is This Answer Correct ?    19 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the vat & cst rate with cst and without c form. TDS on salary how to deposti and which challan use for this

1534


How can the management breakup the salary of employee(if salary Rs.10000/-) which % they calculate the Basic,T.A,D.A,H.RA.and e.t.c.

1663


WHAT IS TDS?SHOULD WE FILE TDS TO PURCHASE A THING .SHOULD WE PAY BOTH TDS &TCS FOR THE SAME THING

1567


How many types of vat categoryplease tell me all type of vat categories..............

1773


Hello Sir, Please send the knowing calculation of attrition rate?

1829






I paid service tax double time due to web site problem for the year 2009-10, is there any chance to claim that amount if yes please tell me the process. thanking you.

1591


What are the streamlined sales and use tax agreement?

635


Is there any criteria for percentage define of TDS rates? and What is the major advantage of introducing DTC and GST by Central Govt?

1479


If we are placing the order in amazon on behalf of the customer who is ordered from other e-commerce sites and the goods is directly billed to the customer address from the amazon sellers and for the same we are receiving some profit at that in our books of account what entries need to be passed...?? do i eligible to get the ITC on the GST amount paid..??

1003


What do u mean by sales tax and who are sales tax practitioner ?

1900


What do you mean by vat, vat registration total cost hydra bad in which places

1433


What is the general format for a consolidated file extension? It is showing invalid file format? So how to solve the error? How to correct the file format? Help me how to know the general consolidated file format like is it tan no_finan.Yr-quarter-type.Tds is this format correct one? Last time i have found the extension as .Csi is it correct?

1233


Dear sir, mu question is that can one lunch (Tiffin) provider person mention both vat or service tax on his bill. pls. give me answer. EXPLAIN BRIEFLY.

2705


how to filing rt-1

1627


if i am running a tank lorry and the income of the tank lorry comes under haryana VAT 2003?

1007