i have no practical experience that's why i am asking this question
Suppose we have purchased raw material within the state for Rs 1000 for that we have paid Rs120 as VAT (AP government VAT) My question is VAT is for – state government CENVAT is for – Central Government Now I want to know that Is it possible to avail the input credit of Rs.120 (state government VAT) from CENVAT payable (Central government CENVAT)
suppose if we purchsed the raw material from out of state we have paid CST. is it possible the input credit on CST from CENVAT
I am confusing please clarify thanking you in advance
if We want to utilise the CENVAT INPUT CREDIT, The raw material puchased must be exciseable goods(those on excise dutly paid)is it correct? (i am not talking about capital goods, but raw material)