WHETHER CST REVENUE IS STATE OR CENTRAL IF STATE THEN FROM
WHEN PLEASE GUIDE ME
Answers were Sorted based on User's Feedback
Answer / tushar
CST is central government revenue as it is collected under
central law. But this revenue is given to collector state
as per present practice.
Is This Answer Correct ? | 12 Yes | 0 No |
Answer / guest
CST revenue is central. because it is on inter state sales
Is This Answer Correct ? | 1 Yes | 10 No |
how to calulate central exicise
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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