banner_ad

cenvat

This query is : Resolved 
Profile Image

Profile Image

(Querist)
04 December 2009 Indirect tax is to be borne by consumers , but where as cenvat credit is not allowed to wholesaler in setting off liabilities against sales tax... and it becomes cost to the wholesalers..???
Profile Image

Shyam Lal Naik

Profile Image

Shyam Lal Naik (Expert)
05 December 2009 Cenvat forms part of the cost and goes into the sales parice charged by the wholesaler. Meaning thereby, the cost is passed on to the ultimate consumer.

The situation is likely to be taken care up by the GST regime.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details