199. CENVAT Full-Form | What is Central Value Added Tax (CENVAT)

By | January 27, 2020
CENVAT Full Form | What is Central Value Added Tax (CENVAT)

Everyone should know full forms of words related to everyone. This page provides best full form and tells what the full form of CENVAT is. So your search for  CENVAT full form is over. Page is dedicated to a basic full form. Go through and get meaning of CENVAT

CENVAT

CENVAT Definition

The CENVAT stands for the Central Value Added Tax which is enforced on CENVAT Full Form | What is Central Value Added Tax (CENVAT)the products made in India, which are marketed and sold by various companies. The CENVAT is a simple way by which the government collects taxes from the sellers. The CENVAT has quiet high value when it comes to the economy of the country and the government plays a very important role in getting the taxes collected and used in the welfare of the people of the nation. The tax applied on various goods under the CENVAT lies on the classification by the Excercise Tariff. The CENVAT plays a very significant role in the financial status of the company

Usage        

You must submit all collected CANVAT to concern department before the due date.

Other Popular CENVAT Full Form / Abbreviation

  • Central Value Added Tax

Download the above Full-Form in PDF (Printable)

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