What is the present Central sales tax rate in India? Also
let me know the maxium and minium sales tax rate in India.
Answer Posted / ayush kottary ( b.com taxation
CST IN INDIA :
1.Interstate sale ::-
With FORM C : State VAT or 2% (which ever is less.)
Without FORM C : State sales tax rate (or VAT rate )
2.Transfer to inter state branch:-
With F - Nil
Without F - Rate is applicable as if there was a sale
( State VAT Rate varies from goods to goods depending on SCHEDULES to which they belong. For example KVAT is . schedule I - nil , schedule II - 1% , schedule III - 5.5% , Schedule IV - 20% , schedule V - 14.5% (general rate) )
Ayush Kottary (7411387687)
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