Economy, asked by ritikburman35, 4 months ago

what is cenvat and vat

Answers

Answered by Anonymous

Answer:

VAT means Value Added Tax. CENVAT means Central Value Added Tax. If a seller invoices his sales to a buyer/consignee within the state, the VAT is applicable on such sales.

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Answered by boyarevulavarsha

VAT means Value Added Tax. CENVAT means Central Value Added Tax. If a seller invoices his sales to a buyer/consignee within the state, the VAT is applicable on such sales

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