Cenvat credit
This query is : Resolved
Rakesh Parmar
(Querist)
11 January 2014
what is cenvat credit
11 January 2014
Hi
Its set-off of Service Tax / Excise duty payable on output service/goods sold against Services Tax /ED paid on Input services / Inputs purchased.
Pl refer: https://www.caclubindia.com/articles/cenvat-credit-rules-from-scratch--18668.asp
Thanks
Its set-off of Service Tax / Excise duty payable on output service/goods sold against Services Tax /ED paid on Input services / Inputs purchased.
Pl refer: https://www.caclubindia.com/articles/cenvat-credit-rules-from-scratch--18668.asp
Thanks
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