Analysis of Cenvat Credit - Changes in FA 2011

Madhukar N Hiregange , Last updated: 03 May 2011  
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Introduction: The primary object of cenvat credit was to avoid the cascading effect and ensure that the chain of cenvat credit continues. Cenvat credit rules were introduced[ replacing Modvat] in the year 2004, and until 2010 the assessee had to wait to find clarity in law. As the time passed

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Published by

Madhukar N Hiregange
(Chartered Accountant)
Category Service Tax   Report

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