Difference between CENVAT & MODVAT? Explain in detail?

This query is : Resolved 

27 July 2008 Hello! Friends,

Please give more information on
CENVAT & MODVAT.

Whats' the main difference? in between them.

Please explain in detail.

Thanks

Ganesh

27 July 2008 CENVAT (Central Value Added Taxes)

MODVAT is now replaced by cenvat

MODVAT (Modified Value Added Tax)



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