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Cenvat credit

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(Querist)
11 January 2014 what is cenvat credit
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@VaibhavJ

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@VaibhavJ (Expert)
11 January 2014 Hi

Its set-off of Service Tax / Excise duty payable on output service/goods sold against Services Tax /ED paid on Input services / Inputs purchased.


Pl refer: https://www.caclubindia.com/articles/cenvat-credit-rules-from-scratch--18668.asp

Thanks

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