'No such file or directory' when I am trying to format Logical Volume

I am trying to create Logical Volume on CentOS 7 on EC2 instance. After attaching the volume I am creating partition using fdisk, then I am starting the Logical Volume creation:

pvcreate /dev/xvda1
vgcreate vgname /dev/xvda1
lvcreate -L 68G vgname -n lvname

After this implementation I am trying to format the Logical Volume as ext4 but when I run mkfs -t ext4 /dev/mapper/vgname-lvname I am receiving the following error:

mkfs.ext4: No such file or directory

Do you have any ideas what is going on?