Answer Posted / ravindra

cenvat credit generally related to exercise where as the
calculation of cenvat credit is like vat the tax which is
paid at the time of purchase for excise goods and the tax
which need to pay at the time of sales- the tax which is
paid at the time of purchase is known as cenvat credit
while paying the tax three things will be taken in to
consideration.
"As cenvat credit which is availed from excise"
"As the cenvat credit can availed from service tax"
"He can avail either from these if he is not availed earlier"

so most of them choose which ever amount is lower that
amount they will avail as cenvat credit

what is service tax? how its count? and why its count?

1574

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In our bodyshop wct tax is 13.05% on the whole Labour charges( including opening fitting ,repairing ,painting. Is this justified?

1236

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What is permanent account number (pan)?

746

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IF MATERIAL TRFD. TO OTHER STATE BRANCH AS STOCK TRFD. IN FEBRUARY AND MATERIAL IS RECEIVED BY BRANCH IN THE M/O MARCH. THAN SHOULD WE ISUE A SEPARATE F FORM FOR THE M/O FEBRUARY AND MARCH

3657

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Is wct charged on firm or proprietors ?

1125

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What is Form 12A & Form-H and where is applicable.

4127

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what is form 8? what are all the details to be collected while buying c form

1572

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Define the term "Manufacturer"as introduced in finance act2010.

1682

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Should we give C form with Freight, Insurance, P&F after CST?

3463

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

1307

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What is Labour Cess? Pl. define. & what is rate of Labour cess.

4154

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Can a person fill a nri in an income tax form if he has been out of india for six months though he is indian citizen?

673

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treatment of Service tax and TDS

1610

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What is the Rate of Service tax for Short term accommodation services & Restaurant Services ?

2131

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I am working at Himachal Pradesh, let me know cant i adjust entry tax in vat? if no then why or yes, please exlain.

1685

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