Dear sir,
Explian the concept of CENVAT credit AND Various Types of setoff available under cenvat credit.Explain with example if possible for yoy sir.
Thank you.
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Cenvat credit
Replies (2)
It's not very complicated Mr. Shyam just go through the CENVAT Credit Rules (especially Rule 3 & 4) . The link to the same is given below:
https://www.cbec.gov.in/excise/cxrules/new-cenvat-rules.htm
cross utilisation of Service Tax Credit & Excise Duty credit is also allowed.
https://dateyvs.com/cenex07.htm
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