Economics · Taxation in India
At which stage is the Central Value Added Tax (CENVAT) primarily levied?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1At every stage of value addition from production to final sale✓
- 2Exclusively at the point of primary raw material extraction
- 3Only at the final point of retail consumption sale
- 4Solely on the custom entry frontier of imported goods
Correct answer
At every stage of value addition from production to final sale
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