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Asked by Priyatosh on :Feb. 06, 2017

What exactly is CENVAT credit?

What exactly is CENVAT credit?

What exactly is CENVAT credit?

0

Ritesh Feb. 06, 2017

CENVAT credit is a mechanism under which credit of the tax paid once is taken and utilised against the payment to be made. And this result into avoidance of cascading effect.

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