please explaine the procedure cst calculation if we got
credit?
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Answer Posted / aditi chatterjee
CST IS CENTRAL SALES TAX.... APPLICABLE FOR ONLY INTER STATE
LEVEL SALE... TAX IS 2@ ON SALE... THERE IS NO PROBABILITY
OF CREDIT PAY AS LIKE VAT INPUT CREDIT PURCHASE... SINGLE
POINT TAXATION APPLIED HERE.... FOR THAT THE FIRST TIME THE
TWO REGISTERED DEALER SELLING FORM 'C' IS ISSUED TO STOP
MULTI POINT TAX ARISING... SO, NO CREDIT IN CST.
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