Interested to Buy Any Domain ? << Click Here >> for more details...
What is meaning of cenvat credit please described in detail.
- 16 Answers
- 121869 Views
- Ferrari, Steelco Gujarat Ltd, Whirlpool, I also Faced
- E-Mail Answers
Answer Posted / rishi pal
Cenvat is based on destination principle i.e. excise
duty/service tax is paid only when goods are consumed. Till
then, burden of duty gets passed on to the next
buyer/customer In case of sales tax, as per this principle,
sales tax is payable in the State in which goods are
consumed and not in the State in which goods are produced
| Is This Answer Correct ? | 13 Yes | 14 No |
Post New Answer View All Answers
Tell me the stages of double entry system?
We bought some machines from Singapore (capital goods), payment made in rupees. but the invoice value is mentioned as USD. 1. party ledger shows (debit side) amount in rupees. now i need to make purchase entry. 2. shall i want to convert USD to rupees? 3. if i do like that the party ledger will be differ.. 4. somebody pls tell me the way to make purchase entry.
What is diffrence Between GPF and EPF?.. can anybody explain..?
What is your greatest achievement and why?
1.A Company with a net income of $ 7,650 in a year and has 3,000 outstanding shares. Calculate the Earning per Share (EPS).
Is it mandatory for the employees staff of a School, if so give details
What are source documents in accounting?
export sales contract and domestic sales contract? india's trade in commercial services?
What is batch input? why we use batch input session in SAP(FICO)?
why accounting is important in business?
what is addition of Opening Balance and net profit transfered from profit and loss account called
if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?
How the Depreciation will calculate in Company?
What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?
can i direct payment made t code f-53 to bsnl agst telephone exp.? or 1st create a/c.of bsnl and book in fb60 then payment made whose correct?
