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Cenvat credit

Service Tax (Legacy) 519 views 2 replies

What is the difference between availment of credit and utilisation of credit?

Replies (2)
Dear Akash Availment of Credit means to book the credit of Input and utilisation of credit means use of such credit against liability of excise and service tax at the time of payment of excise duty and service tax

AGREED WITH NITIN, AND SAME ANSWER .


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