what is CST for what we are using it

Answer Posted / avadhut

CST IS A CENTRAL SALES TAX. AT THE TIME OF INTER STATE
SALE CST IS APPLICABLE. INTERSTATE STALE MEANS GOODS SALE
FROM MAHARASHTRA TO GUJRAT. BUYER CAN BUY THE GOODS FROM
OTHER STATE BY PAYING 2% CST AGAINS ISSUE OF FORM 'C' OTHER
WISE IF FORM 'C' NOT ISSUE BY THE BUYER THEN THE SELLER CAN
CHARGE THE HIGHEST TAX OF THAT COMMODITY.

Is This Answer Correct ?    26 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is turnover limit for Auditing of Service Tax, VAT, Income Tax, Provident Fund, P. Tax and WCT? Please mail me at gautam_ch2 @ rediffmail.com or call me at 09831707812.

2816


what is vat adjustmant?

1801


How We know we are liable for Profession Tax liability. I have an optics shop & I want PT Number so what should i do?

1802


wht do you mean by copmosition of tax

3095


What r the foll tax deductions for :- 1.TDS 2.WCT Give me answers in detail & give me some addtional info on these topics which would be helpful for me.

4284






Need of Bank Reconciliation to a company

1730


wct amount deducted by main company .that amount will be returned Subcontractor?If yes,how process is given me.

1129


what is rules of taxation

1654


WCT charged on firm or on proprietor?

1160


please explain what is actually E-15 what is its process and also what its importance.

1935


What are Excise Duty rates for Fin.Year 2009-10 for Pesticides and Chemicals Industries.

1878


Excise duty applicable for Handmade Production?

2838


is there any necessity to file TDS to purchase a thing even ater paying vat

1571


if waybill issued by consignor , then c form issue whose responsibility?

1075


how many sale tax charged on the billing for central dealer by uttar pradesh dealer at furniture items ? & how many sale tax charged for u.p. dealer by up dealer ?

1636