Modvat credit is A. Added with the cost of the fixed asset B. Deducted from the cost

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Modvat credit is
A. Added with the cost of the fixed asset
B. Deducted from the cost of the fixed asset without any condition
C. Deducted from the cost of the fixed asset if certain conditions are satisfied

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Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

ISBN: 9789352605569

2nd Edition

Authors: M Hanif, A Mukherjee

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Question Posted: Aug 18, 2023 01:32 PM

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Modvat credit is A. Added with the cost of the fixed asset B. Deducted from the cost

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C Deducted from ...View the full answer

Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

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