Answer / narendra

cenvat credit is the refund/ adjusment of service tax &
excise duty. as any service service provider & manufaturing
co. company eligible for it .

Answer / swathi

cenvat credit is the refund which we get from customs
duty,if your has paid customs duty for the imports of any
goods in the calculation sheet of customs of customs you
nac find the rate of 4%sad on the goods value which will
paid by company.with this 4% there will another charges
also.when you sold the same goods paying output vat in
local,there will option of claiming for 4% from
customs.this is known as cenvat credit.

How i do ledger scrutiny(give the examples of rent share capital etc.)

5 Answers   Kekran Mekran, Private, spykar,

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Can we take credit of service tax in manufactruring companies & what is the procedure

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Sir, I want to know ... What is excise duty ?

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whether VAT is an asset or liabilities?

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What does an internal audit charter contain?

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A Pvt Company take Unsecured Loan from Partnership Firm .What are the Auditor's reporting requirement under CARO U/S 227(4A)?

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accounting procedure

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what audit procedure i can do in the share capital account of a company and why it have been apply?

0 Answers   ICICI,

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Is there any disqualification of an auditor if he is Indebted to a partnership firm and proprietor???

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what is credit limit ?

3 Answers   Aditya Birla,

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