What is the present Central sales tax rate in India? Also
let me know the maxium and minium sales tax rate in India.
If the VAT rate changed of any state what will be the
impact of CST.
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Answer Posted / hari
Now this time present central seles tax is 2% for registred
delears and non registred delears 12.5 % as per local VAT
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The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.
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