What is meaning of cenvat credit please described in detail.
- 16 Answers
- 116805 Views
- Ferrari, Steelco Gujarat Ltd, Whirlpool, I also Faced
- E-Mail Answers
Answer Posted / prasad
CENVAT credit means excise duty and service tax paid on inputs(like raw material,fuel etc.)for manufacturing of goods is deducted from the excise duty payable on the goods manufactured..
| Is This Answer Correct ? | 95 Yes | 19 No |
Post New Answer View All Answers
what is penaultimate sale
Are there any questions you would like to ask?
Journalize the Following: 1. The following were purchased on account: a. Materials $ 10,000 b. Office supplies $ 2,000 c. Small tools $ 1,000
what is share application money pending allotment?
What is debit and credit note?
Why we debit expenses and credit incomes ?
Do you know marginal cost?
what is the format of salary slip when basic , D.A.H.R.A. ,conveyance allowence , concluded and in deduction part P.F. E.S.I. & P.Tax.
What is purchasing order?
What are the fictitious assets?
What is an over accrual?
can any one tell what is the selection proces in cognizant for MBA finance
What is computerized accounting?
What is an accounting loss?
if cheque bounced what we received from customers and payed to bank what entry should we create in single entry system
