What is meaning of cenvat credit please described in detail.
Answer Posted / r.sarvanan
Cenvat Credit is a scheme where the manufacturers or the output service providers are allowed a set off of the taxes paid on the inputs or the input services that are used while manufacturing the final products or providing the output service.
Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
what is use of cost center category in tally ? why & when use this ? what is benfit ?
What are the important things to be remembered while preparing a bank reconciliation statement?
on what rate depreciation will be calculated?
how can i settle the party ac with cr & dr
Can you differentiate public and private accounting?
how many view the tally backup erp9 after the tally backup in tally
In the Manufacturing IF QC reject the material. Then where to record rejected material amount.
goods worth rupees 440 distributes free among the poor?
how many invoice types are there in accounting and what is the satutary obligations for each invoices and waht are the basic differences in those invoices.
what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?
Explain me how much mathematics knowledge is necessary or required in accounting?
is it related to b.com syllabus or puc syllabus
Tell me how many types of business transactions are there in accounting?
How can i learn shortly Tally from computer coz, i want to take a company Balance Sheet
Define and distinguish between flexible and floating exchange rate system. What kind of exchange rate system does china have?