welcomewiki has just posted in the SAP FICO Forum forum of Wiki Newforum under the title of What is Central Value-added Tax and how it is configured?.
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Good Explanation. In addition to this. The CENVAT means, Tax on Value Addition on the goods manufactured according to Central Excise & Customs Act Difinition. Here the value addition means the Additional Services/Activities etc. which converts the Input in to Output, and the output is newly recognised as per the this act as Exciseble goods. Like this the discussion
is goes on for definition.
In 4.7 SAP version, there is no CIN version seperately, it is available with Standard SAP it self.
I hope Mr. Anil Gurjar's query is completely answered.
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