Dear sir,
Explian the concept of CENVAT credit AND Various Types of setoff available under cenvat credit.Explain with example if possible for yoy sir.
Thank you.
Dear sir,
Explian the concept of CENVAT credit AND Various Types of setoff available under cenvat credit.Explain with example if possible for yoy sir.
Thank you.
It's not very complicated Mr. Shyam just go through the CENVAT Credit Rules (especially Rule 3 & 4) . The link to the same is given below:
https://www.cbec.gov.in/excise/cxrules/new-cenvat-rules.htm
cross utilisation of Service Tax Credit & Excise Duty credit is also allowed.
https://dateyvs.com/cenex07.htm
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