if a item sale on cash bill which is under vat sechdule c local sale tax is 5% so what is the rate of CST without C Form
- 1 Answers
- 1948 Views
- I also Faced
- E-Mail Answers
Answer / Nikhil Sharma
CST (Central Sales Tax) is not applicable for intra-state sales made through cash bills where the goods are below Rs. 10 lakhs ($137,000 approx.) and are not covered under the Composition Scheme (C Form). Therefore, if your item sale is within a state, there will be no CST to calculate.
| Is This Answer Correct ? | 0 Yes | 0 No |
on which amount have to issued form C ?, when cash discount is also given in the bill after CST amount as, Sales valve+CST - cash discount.
pls define central sales tax , how will show in invoice a cst rate on interstate sales with-out c -form and against c form . clear it
WHAT IS VAT ON SALE OF GOLD IN RAJASTHAN
who will pay entry tax in E 1 sale ( sale in transit ) buyer or consignee ?
Please provide me the whole concept of as -22 (deferred tax)
Dear All, We are a trader and doing one E-1 sales. Supplier send the material by To-pay basis, we endorse the LR and sold to Customer. Customer has given the purchase order for Basic amount and freight amount also. That means we have to pay the freight and getting the reimbursement from customer. In E-1 sales Invoice can we show the freight amount separtely as freight ? Since the customer need the freight head should be shown separetly. Or can we raise the separate debit note for this. Is it create any tax implifications in E-1? Please claify the same at the earliest. regards Regards Thananjeyan.P
if I Purchase goods within state But sale goods in other state (interstate sale), Which tax to be deposit either CST tax or other ? or what is Procedure of tax computation in this type of sale?
1. How many types of vat? 2. What is the sales tax purpose?
31 Answers Berger Paints, Infosys, IVRCL, Mannu, ZTC,
How can I calculate TDS AND FBT tax for a Travel Company?
2 Answers Real Estate, Travel Plan,
what is sale entry, purchase entry, credit note , debit note entry?
5 Answers Aquasol, TCS, Wipro,
send me all current year taxation such that rates and exemptions or on which web site i have to prefer
basic knowledge of accounting ?
Audit 
