WHAT IS CST & WHAT IT'S RATE ?
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Answer / no name
CST IS CENTRAL SALES TAX AND IT IS APPLICABLE ON INTERSTATE SALES FOR EXAMPLE IF PERSON FROM MAHARASHTRA PURCHASES GOODS FROM GUJARAT THEN THE SUPPLIER WILL CHARGE CST IN THE INVOICE AND SEND IT TO THE BUYER IN MAHARASHTRA.
THE RATE BEFORE 1/6/2008 WAS 3%
BUT AFTER 1/6/2008 IS 2%
THE ABOVE RATES DEFER AS THE DEALER MAY BE REGISTERED OR UNREGISTERED AND DIFFERENT SATES ACT.
| Is This Answer Correct ? | 38 Yes | 7 No |
Answer / sheetal
CST IS CENTRAL SALES TAX AND IT IS APPLICABLE ON INTERSTATE
SALES FOR EXAMPLE IF PERSON FROM MAHARASHTRA PURCHASES
GOODS FROM GUJARAT THEN THE SUPPLIER WILL CHARGE CST IN THE
INVOICE AND SEND IT TO THE BUYER IN MAHARASHTRA.
THE RATE BEFORE 1/6/2008 WAS 3%
BUT AFTER 1/6/2008 IS 2%
NOW CST RATE IS 2 %
THE ABOVE RATES DEFER AS THE DEALER MAY BE REGISTERED OR
UNREGISTERED AND DIFFERENT SATES ACT.
| Is This Answer Correct ? | 27 Yes | 6 No |
Answer / pawan kumar srivastava
A type of tax which is payable to central government at inter state sales is called cst it's full form is central sales tax.
| Is This Answer Correct ? | 12 Yes | 4 No |
Answer / devendra
CST is Central Sales Tax think we are in MP if we Sale
goods into gujrat in that condition we have to pay tax to
sales tax department and sales tax rat difrent to difrent
state in MP. rate is 2%
| Is This Answer Correct ? | 11 Yes | 4 No |
Answer / roshan nagpure
cst stands for central sales tax . This tax charge,if producer produce product in
maharastra and send to gujrat then cst would be applicable.
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / sunil rathi
I want to purchase Poly Carbonate Sheets from Ex Bhiwadi Mumbai against my registerd firm at uttar Pradesh. I will produce road permit or Form C to vendor. i want to know-
1. what will be rates of VAT ?
2. What is LBT/ Octroi and their rates at Bhiwadi Mumbai?
regards.
Sunil Rathi
| Is This Answer Correct ? | 2 Yes | 0 No |
Dear sir, Pls explain the point of tax ( Service Tax)? Can we raise invoice with ST 14.5% on 1.6.2016 for we rendered a service for May 2016? Thanks N.Swaminathan
The party has raised service bill for Rs. 120000. The TDS deductor company made TDS on Rs. 100000 i.e., Rs.20000 is deducted on the gross bill of Rs 120000. My question is whether to deduct TDS on Rs.120000 or on Rs. 100000?
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When we have to pay purchase tax
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if our provision of taxation of particular year 23000/- and on that year we paid advance tax 20000/-then how we adjust this both amount.......
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In an E1 trasaction, if the dealer fails to get the E1form from his supplier& submit it to the Sales Tax Authority, then how much will be the expected penalty from Sales Tax department, if the local tax of those item is 14.5%? Please Note: Dealer has submitted all other documents to sales tax including customer Cform expect E1 form. Kindly give us the valuable answer with the supporting CST circular number.
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