Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is meaning of cenvat credit please described in detail.

Answer Posted / r.sarvanan

Cenvat Credit is a scheme where the manufacturers or the output service providers are allowed a set off of the taxes paid on the inputs or the input services that are used while manufacturing the final products or providing the output service.

Is This Answer Correct ?    3 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Why Is The Distinction Between Product Costs And Period Costs Important?

1010


1.what is the entry of petrol of payment made by credit card of owner? 2.what is the entry of petrol of payment made by credit card of Company?

1289


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.

1399


i have selected jr. accountant/ auditor in ssc graduate level 2008 scheme b. but i have not yet received deptt. memo and also appointment letter. when it will be come??? how much time???

1906


what is the D.V.T. rate from 1/10/2009

1944


how to caluclate tds from emloyees and others

2056


Describe the advantages and disadvantages of the different accounting packages/systems you have used recently in your accountant jobs

1102


Tell me what are the three factors that can affect your cash flow and business profitability?

980


How do you prepare a balance sheet from a trial balance?

1044


we are import a cnc machine, we have availed customs duty, CVD & Additional duty credit?

1905


Can you name any other accounting application?

1075


Explain compound journal entry.

991


What qualification do you need to become an accounting professional?

999


export sales contract and domestic sales contract? india's trade in commercial services?

4588


what is the difference between accounting and bookkeeping?

972