WHAT IS MEANING OF CENVAT CREDIT & CENVAT AVAIL

Answers were Sorted based on User's Feedback



WHAT IS MEANING OF CENVAT CREDIT & CENVAT AVAIL..

Answer / ravi

cenvat credit means it is input(purchase & you paid tax on that) of raw materials &
Services used for service provide or manufacture the finished goods.
cenvat avail means it is used to pay duty what you have credit as per your book and remain balance duty you keep for next month.

Is This Answer Correct ?    2 Yes 0 No

WHAT IS MEANING OF CENVAT CREDIT & CENVAT AVAIL..

Answer / binodram

Both are same meaning, the benefit of Cenvat taken

Is This Answer Correct ?    0 Yes 2 No

Post New Answer

More Taxation Interview Questions

How to prepare the Sales Tax and Sales Tax return?

1 Answers  


what is service tax? Tell upto filling retuns.

1 Answers   NFL,


how to calculated all taxes their information in details

1 Answers   KPMG,


If a supplier of goods is also a Contractor doing labour work, then is it necessary to collect separate bills one for material & the other for labour? or else tell me what is to be doen?

2 Answers   Om Buildcon,


how to get input credit in vat & service tax

1 Answers   Cap Gemini,


Pls advise if a client pays us - Rs. 3,43,00 after deducting 2% TDS 7000 on 3,50,000/- and our Invoice is Rs. 3,30,000/- then how we pas entry of the difference amount Rs. 20,000/-

1 Answers  


What is means by ESI ? How to calculate ESI ? ESI challan or form No. ?

7 Answers   Buzzworks Business Services, Reliable Hitech Infrastructure Private Limited,


If there is differance in value written on the road permit (along with transfer invoice) and the tax invoice (which is generated after dispatch of material)for inter state sale (specially uttarakhand)which value to be consider for C form?

2 Answers   ABC,


What is process CST & Custom Duty Handle in tally Erp 9, with example.

1 Answers   DIIT,


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

1 Answers  


Anybody please explain me what is Branch Transfer and its implications with example.

3 Answers  


What is means by sales tax (vat also)? How to calculate Sales tax (vat also)? Sales tax form no. (vat also) ?

1 Answers  


Categories