Cenvat credit

495 views 2 replies

What is the difference between availment of credit and utilisation of credit?

Replies (2)
Dear Akash Availment of Credit means to book the credit of Input and utilisation of credit means use of such credit against liability of excise and service tax at the time of payment of excise duty and service tax

AGREED WITH NITIN, AND SAME ANSWER .


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register