WHAT IS CST & WHAT IT'S RATE ?
- 8 Answers
- 29555 Views
- Bombay Rayon Fashions, I also Faced
- E-Mail Answers
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 |
If any new form open than we are able to deduct TDS on first year
come'?
what is the differnce between income tax and tax deducted at source?
What is the last date for filing of returns for TDS, ESI, PF, Professional Tax, Income Tax, Service Tax and Income Tax?
21 Answers ABC, Balaji, Bony Polymers, Chetak Logistics, Classic Network, ESI, JCI, Meghmani, Nishant Mouldings, PK Power Systems, Power, SRCON, Unicorn DenMart,
What is the limitation of loan given from one private company to other proprietors company, if any restirction is there. Please explain and how it affect income tax point of view?
What is the reason of charging surcharges?
WHAT IS THE DIFFERED ASSET , WHAT IS THE PROVISION OF IT GIVT ME THE EXAMPLE WITH ENTERY ON MY E.MAIL sonidilip87@yahoo.com
what is differed tax liability/asset? how it is to be calculated?
WHAT IS THE MAIN OBJECTIVE TO ISSUE THE WAYBILL TO THE SUPPLIER ? WHAT IS THE TAX LIABILITY ARISES ? WHO HAS THE OBLIGATION TO PAY THE TAX ?
What is form E-I & E-II ?
If any payment made for purchase of computer parts (mother board , ram, monitor)say 1/100 of monthly income (if income is 1000 & expences is rs.10) than whether it is computer expence (revenue expenditure) or computer (capital expenditure). Kindly specify in detail
how to calculate vat, st, cst, excise duty, customs duty, tds.
Audit 
