Cenvat v/s modvat

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(Querist)
20 December 2013 what is diff between cenvat and modvat and also their meaning n applicability?
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C.A. Mayur J. Raiyani

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C.A. Mayur J. Raiyani (Expert)
25 December 2013 Earlier name of CENVAT was MODVAT. After incorporation of certain changes to MODVAT, it is changed to CENVAT. Don't difuse...
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