What is the present Central sales tax rate in India? Also
let me know the maxium and minium sales tax rate in India.
If the VAT rate changed of any state what will be the
impact of CST.

Answers were Sorted based on User's Feedback



What is the present Central sales tax rate in India? Also let me know the maxium and minium sales ..

Answer / haider

Present Tax Rate is 2% from Registered & 12.5% from
unregistered.

No impact of VAT changed.

Is This Answer Correct ?    6 Yes 3 No

What is the present Central sales tax rate in India? Also let me know the maxium and minium sales ..

Answer / anuj sharma

At present Central Sales Tax rate is minium 2% and maximum
12.5 %
value added tax is realeated to states and Central Sales
tax related to central so their is no impact on cst

Is This Answer Correct ?    4 Yes 1 No

What is the present Central sales tax rate in India? Also let me know the maxium and minium sales ..

Answer / hari

Now this time present central seles tax is 2% for registred
delears and non registred delears 12.5 % as per local VAT

Is This Answer Correct ?    2 Yes 3 No

Post New Answer

More Accounting General Interview Questions

Can i put opening stock in new company during closing time

0 Answers  


what is golden rule of accounting

2 Answers   Ahmed Amin Group, TATA,


A computer purchased for the use of Branch & payment would be made by company. What would be the entry in the books of Branch ?

1 Answers  


please give me information about h form and c form used for which items?

8 Answers   Reliance, Sara,


how to make conversions from tally to ms excel sheet like profit & loss a/c and balance sheet & trial balance

3 Answers  






what is MIS report? What is CMS report?

1 Answers  


Why in SAP external number range should be selected for depreciation posting . any specific reasons for that explain me? Raj

0 Answers   IBM,


what is a suspense account ??

4 Answers  


when we compare to bank statement with the our pass book the enteries are opposite why this happens?

1 Answers  


reserve for doubtful debts is wich type of account?

2 Answers  


The following are the transactions with respect to goods traded by Gopal- i) Purchased goods worth Rs.50,000 on 1-1-2005 for cash ii) Sold goods costing Rs.20,000 for Rs.30,000 on cash iii) Bought goods Rs.45,000 from Suresh & Co on credit iv) Paid Rs.30,000 to Suresh who gave us a discount of Rs1,000 v) Sold goods Rs.23,000 but their cost is Rs.12,000 for cash vi) Sold goods to Gangadhar for Rs12,000 on credit,(cost Rs 9000) vii) Received cash from Gangadhar Rs.11,500 in full settlement. viii) Paid carriage charges on the goods purchased Rs.2,000. Find out the closing stock as on 31 -1-2005. Also, find how much is still due to Suresh?

14 Answers   ICA,


What is the difference of Fund Flow Statement and Cash Flow Statement?

1 Answers  


Categories