Business & Finance
CVAT Full Form - What is Full Form of CVAT?
| Full Form: | Central Value Added Tax |
|---|---|
| Category: | Business & Finance |
| Sub Category: | Accounting |
What is Meaning of CVAT?
CVAT is full form Central Value Added Tax
What is Central Value Added Tax?
The Central Value Added Tax (CENVAT) is a part of India's central excise framework. It reduces the consumer's tax burden when purchasing any product and offers a transparent picture of tax liabilities at every stage of production.