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Categories >> Accounting >> Accounting General
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1899)
 Accounting General interview questions  Accounting General Interview Questions (2810)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4362)
Question
What is CST ?
 Question Submitted By :: Accounting-General
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
CST MEANING CENTRAL SALES TAX 
Is This Answer Correct ?    30 Yes 3 No
Rajan
 
Answer
# 2
In India there are 35 States and Union Territories. If the
purchases or sales are between two dealers within the
state/Unior Territory i.e. both seller or buyer are in same
stateUnior Territory the business transaction will be
called as intra-state transactions i.e. local purchase or
local sales.
If a dealer sells or purchases goods from a dealer outside
the state the purchases or sales will be called inter-state
purchases or inter-state sales and such transactions will
be assessed under the Central Sales Tax Act 1956. Thus the
transactions between two dealers from different states were
governed by Central Sales Tax Act 1956 and tax levied on
such transactions is called Central Sales Tax i.e. CST.
 
Is This Answer Correct ?    14 Yes 0 No
Abhivirthi
 
 
 
Answer
# 3
CST Stands For Central Sales Tax in inter State purchases
have charge of vat and purchase of relating from other
states charge duty CST Instead Of Vat.
 
Is This Answer Correct ?    4 Yes 0 No
Syed Shakir Ali
 
Answer
# 4
CST where as stands for Central Sales Tax, which is under
inter state sales and purchases. this tax@ 2% its depend
upon commodity.
 
Is This Answer Correct ?    4 Yes 1 No
Rajanikanth
 
Answer
# 5
Tax charges on interstate sale 
Is This Answer Correct ?    1 Yes 0 No
Yadunandan
 
Answer
# 6
CST where as stands for Central Sales Tax, which is under
inter state sales and purchases.
 
Is This Answer Correct ?    0 Yes 0 No
Paresh
 
Answer
# 7
CENTRAL SALES TAX 
Is This Answer Correct ?    0 Yes 0 No
Raju
 
Answer
# 8
Central Standard Time 
Is This Answer Correct ?    0 Yes 3 No
Swati Malik
 
Answer
# 9
cst ventral sales tax 
Is This Answer Correct ?    2 Yes 8 No
Rayguru
 
Answer
# 10
central standard time 
Is This Answer Correct ?    0 Yes 9 No
Swati Malik
 

 
 
 
Other Accounting General Interview Questions
 
  Question Asked @ Answers
 
how to pass an entry for expenditure by deducting tds for customer   10
what is ratio analysis Capital-IQ 2
what is cenvat   2
what is the accouniting Cognizent 3
What is Sweep Account? D&B 2
Company Providing Mobile handset to all employee on free of cost and returnable basis while leaving the job. My query is- how i account the above transaction - under fixed asset or mobile expenses- ( indirect exp) or staff welfare ( indirect exp ) Kindly suggest   2
what is come first debit or credit? means in the bussiness debit comes first or credit Ernst-Young 3
what will be the entry of income tax paid in partnership firm.   2
Name three (3) fixed-income security types   2
how to calculate the income in accounting ?   2
defference between capital assets and fixed assets   3
exchanged old furniture for new,the value of old furniture was rs 350 while the vaue of new furniture was rs 900 balance paid in cash what will be the journal entry according to you Chartered-Accountant 1
 
For more Accounting General Interview Questions Click Here 
 
 
 
 
 


   
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