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Asked by Priyatosh on :Feb. 06, 2017

What is the difference between excise duty, CENVA…

What is the difference between excise duty, CENVAT, sales tax and the VAT?

What is the difference between excise duty, CENVAT, sales tax and the VAT?

0

Ritesh Feb. 06, 2017

Excise duty, VAT & salex tax are a type of taxes. These 3 are called as Indirect Taxes. Where as Cenvat is the credit allowed. Cenvat credit means credit allowed on purchase of taxable products.

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