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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 |
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Audit 
