Interested to Buy Any Domain ? << Click Here >> for more details...
What is meaning of cenvat credit please described in detail.
- 16 Answers
- 121341 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 are the adjustments and treatment with connection to the profit and loss appropriation accounts and how they do?
What are the disadvantages of double entry system?
What is a contra entry
Why current assets Liability said & current Liability Assets said...?at tally ERP9
purchase of Rs 1000 were rejected and returned,however vendor returned Rs 800 and balance Rs 200 is charged to sundry exp A/c
Tell me what is the abbreviation for the accounting terms debit and credit?
From the following particulars taken on 31 December, 1995, you are required to prepare a bank reconciliation statement to reconcile the bank balance shown in the Cash Book with that shown in the Pass Book: (i) Balance as per Pass Book on 31 December, 1995, O/D Rs 1,027. (ii) Four cheques drawn on 31 December but not cleared till January are as follows: Rs 12; Rs 1,021; Rs 98; and Rs 113. (iii) Interest on O/D not entered in Cash Book Rs 51. (iv) Three cheques received on 30 December and entered in the bank column of the Cash Book but not lodged in bank for collection till 3 January next: Rs 1,160; Rs 2,100; and Rs 2,080. (v) Cost of cheque book, Pass Book, etc; Rs 1.50 entered twice erroneously in Cash Book in November. (vi) A Bill Receivable for Rs 250 due on 29 December, 1995 was passed to the bank for collection on 28 December, 1990 and was entered in Cash Book forthwith whereas the proceeds were credited in the Pass Book only in January following. (vii) Chamber of Commerce subscription Rs 10 paid by bank on 1 December, 1990 had not been entered in the Cash Book. (viii) Bank charges of Rs 5 had been debited in the pass book twice erroneously. . . . plz be fast
wht is different between defered tax liablities and defered tax assets??????
Tell me in accounting, how do you define premises?
Why TDS not Deducted on Service tax amount of Rent.
What is Statory Books ?
What is an operative accounts?
HOW TO FILL PURCHASE RETURNS IN VAT 200,IF NOT PURCHASES THE PERIOD?
"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.
I am a service man.I want to submit my income tax return by efilling.Anybody can help me to do the same with the information to submit the file?
