Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
Q.

Difference between cenvat credit on input and capital goods

Tags: money, cenvat credit, capital goods
Asked by ritesh gupta, 10 Aug '12 04:06 pm
  Invite a friend  |  
  Save  |  
  Report abuse
 Earn 10 points for answering
[ x ]
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

Answers (1)

1.

Input = purchase of material that relates to production

capital goods = fixed assets
Answered by harpreet, 10 Aug '12 04:07 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received

Ask a Question

Get answers from the community

600 characters remaining

Related Answer

Q.
What is cenvat credit? Is there any difference between cenvat and modvat?
A

In India, an excise tax is levied on the manufacturer of goods when those goods leave the place of manufacture. Formerly called the Central Excise Dut..more

Answered by Shikha Aggarwal
© 2013 Rediff.com - Advertise with us - Disclaimer - Guidelines - Score & Levels - Terms & Conditions - Feedback