Full Form of CVAT
Full Form: | Central Value Added Tax |
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Category: | Business & Finance |
Sub Category: | Accounting |
What is CVAT Full Form?
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.