|Definition||:||Central Value Added Tax|
|Category||:||Governmental » Rules & Regulations|
What does CENVAT mean?
Central Value Added Tax (CENVAT) is a tax levied on the manufacture or production of movable and marketable goods in India. The rate at which the tax is applied to goods depends on the classification of the goods under the Excise Tariff.
Frequently Asked Questions (FAQ)
What is the full form of CENVAT?
The full form of CENVAT is Central Value Added Tax