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i want to know about VAT & CST (inculding its Form No.)

Answer Posted / p vasudeva roa

Vat - Value Added Tax
Form - 200 (only in AP)
When goods are sold or purchased with in the state Vat is
applicable that is 4% or 14.5% depending on goods.

Cst - Central Sales Tax
Form - IV ( only in AP)
When goods are sold or purchased out side the state, Cst is
applicable that is 2% with C-Form & 4% without C-Form.

Is This Answer Correct ?    14 Yes 4 No



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