Difference of cenvat & modvat

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HI,

 I WANT TO KNOW WHAT IS DIFFERENCE OF CENVAT BETWEEN MODVAT.

 

Replies (2)

MOD WAS EARLIER CONCEPT WHEN CENVAT WAS ALLOWED ONLY FOR EXCISABLE GOODS....NOW IT IS ALLOWED ON GOODS & SERVICES HENCE CENVAT

Originally posted by : Manmohan

MOD WAS EARLIER CONCEPT WHEN CENVAT WAS ALLOWED ONLY FOR EXCISABLE GOODS....NOW IT IS ALLOWED ON GOODS & SERVICES HENCE CENVAT

AGREED.


CCI Pro

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