if I Purchase goods within state But sale goods in other
state (interstate sale), Which tax to be deposit either CST
tax or other ? or what is Procedure of tax computation in
this type of sale?
Answers were Sorted based on User's Feedback
Answer / h.r. sreepada bhagi
In interstate sales CST is applicable. Rate of CST is the
same as rate of VAT in the selling state. In case the buyer
can issue 'C-Form' to the seller, CST is charged at
concessional rate as per the CST Act in the selling state.
For current rates refer the VAT Act & CST Act & the relevant
schedules in the state from where your selling.
Is This Answer Correct ? | 8 Yes | 0 No |
Answer / sudh
cst charged when party issued 'c form' cst rate under the
cst act 2% rate for the charged by interstate sale.when
client not issued 'C FORM' CST rate is charged full vat
rate in that state.
Is This Answer Correct ? | 5 Yes | 1 No |
Answer / sarita rathore
It is interstate sales & CST must be charge on it @ 4%.It
is not modvatable so it will be charged by seller
Is This Answer Correct ? | 5 Yes | 5 No |
What is the difference between Mortgage, Pledge and Hypothecation? Reply.....
If an employee joins a new company, who is liable to transfer his PF amount from old company to new company, and what is the process for that ?
2 Answers Shanker Infra And Allied Services,
if i am running a tank lorry and the income of the tank lorry comes under haryana VAT 2003?
WHAT IS FORM AND OTHER REQUIRMENT FOR FILE EXCISE RETRUN AND HOW WE FILE EXCISE RETURN ?
Our company refundable ST amount but we dont want to refund amt but i want to adjust that refund amount anywhere
excise registration for dealer XM for Manufacuturer XD
When we (Company) deduct surcharge of Contractor (above 10 Lakhs Individual, 1 Crore in case of Company) Pl confirm the meaning of 10 lakhs and 1 Crore. Either it means payment made to the contractor in a year by a company or one & more company (Aggreg. Income). Pl explan in detail.
What is the difference between vat scrutiny and vat assesement,what is required document for both.
A Company income 150000, and an indivisoul which income 150000 who pay more tax ?
what is the incometax
DEFINATION OF LABOUR ACT?
If A manpower supplier bills to a acompany for rs.100000 for pure labour supply what entry will be done in terms of reverse charges.