WHAT IS CST & WHAT IT'S RATE ?
Answers were Sorted based on User's Feedback
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 |
Define deferred tax liability?
C Form required for Exempted Inter-State Sales?
3 Answers United Chloro Paraffin Pvt Ltd,
what is the percentage of income tax at construction companys
what is tax?
Assume I paid an advance of Rs 50,000/- from contractor can we deduct TDS on that amount
HOW CAN TAKE THE MAXIMUM GRAUITY (EX RS.3.5 LAC)
IN HOTEL NET SALE AMOUNT IS Rs.1000. on that service tax amount @12.36 is Rs.124 then my question is while caluculation of vat both net sales and service tax is to be taken or not
what is the difference between excise duty and sales tax
which date Entry Tax has been started by Himachal Govt. and Please let us know the which act under Entry tax comes
what is caluculate PF what is fill the rates in the challan
What is VAT stands for? what kind of VAT it is?
What are the Golden rules of accounts? with an example?