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what is the different between CST , VAT, and Excise Duty ?

Answer Posted / varun maingi

cst -interstate sales

vat- intrastate sales

excise-removal of goods from factory

custom -import of goods

sales tax is divided into 2 parts cst and vat
where vat- is levied on multipoint sales and input tax
credit is also available to remove cascading effect ie(tax
on tax)

Is This Answer Correct ?    54 Yes 8 No



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