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Categories  >>  Accounting  >>  Taxation
 
 


 

 
 Audit interview questions  Audit Interview Questions
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 Taxation interview questions  Taxation Interview Questions
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Question
what is the exact meaning of cst? what is its usage and 
what are the benefits of c form?
 Question Submitted By :: Bhaskara_rao@in.com
I also faced this Question!!     Rank Answer Posted By  
 
  Re: what is the exact meaning of cst? what is its usage and what are the benefits of c form?
Answer
# 1
CST = Central Sales Tax
If customer issues the C-Form then 2% CST is applicable 
otherwise full tax is applicable. that means it saves tax.
After delivery of material we have to collect the C-Form 
from the party otherwise it is a liability during sales tax 
assessment.
 
Is This Answer Correct ?    1 Yes 0 No
Yash
 

 
 
 
Other Taxation Interview Questions
 
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Certificates for other than salary TDS form. TCS1
waht is present tds rates BirlaSoft2
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The nature of taxation  1
Is VAT & CST should be charged on Freight charges or not.  2
what is tds and what is what is the current rate of tds on payment of contract and payment of professional charges  1
If some service provider gives a bill having service tax. say cost of service is Rs 100, He is adding 12.36% sevice tax. Total comes 112.36. we have to deduct TDS @ 11.33%. On what amount we should deduct TDS? (on 100 or 112.36 ) Gammon6
What is difference between an Insurance and a general Insurance???? Genpact2
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what is the difference between banker cheque and cheque? Apex3
WHAT IS MAT  2
What is entry tax  1
Pass a entry for salary payment basic 5000, HRA 3000, Medical 200, TDS 500 Adv 200 & deducted PF with narration.  2
What is deffered tax liability?  2
 
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