Answer / arunendra tiwari

Under the CST Act, the tax is collected at one stage of
purchase or sale of goods. Therefore, the burden of the
full tax bond is borne by only one dealer, either the first
or the last dealer. However, under the VAT system, the tax
burden would be shared by all the dealers from first to
last. Then, such tax would be passed upon the final
consumers.

Answer / gayathri g

if we are getting goods from other states we need to pay
the CST which would be borne by the buyer.The VAT is
another form of tax borne by all the middlemen from the
buyer to the customer and the last person paying the VAT is
the customer.

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plz send the kvb clerk post model question papers to kvkmca.info@gmail.com

0 Answers  

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