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RELATING TO CENVAT

This query is : Resolved 
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(Querist)
06 August 2008

WHAT IS THE CENVAT CREDIT ?
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CA Hemant T Dewani

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CA Hemant T Dewani (Expert)
06 August 2008 cenvat credit is when you are purchasing any goods from manufacturers he charged exice duty on the goods this is a cenvat earliers it is called as modvat the name is change & you will get credit of cenvat against your output service balance is payable by you through gr 7 challan
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