Is VAT & CST should be charged at a time on one purchased
item? please give more clearity on this issue?

Answers were Sorted based on User's Feedback



Is VAT & CST should be charged at a time on one purchased item? please give more clearity on t..

Answer / chary

No, It is impossible, VAT charges only sales with in the
state but CST charges for Interstate sales(Outside the
state) so you cannot charges at time both

Is This Answer Correct ?    24 Yes 1 No

Is VAT & CST should be charged at a time on one purchased item? please give more clearity on t..

Answer / m.l.verma

You can not generate an invoice for two different state i.e
within state for vat and outside of state for cst. vat is
chargeable for home state whereas CST is chargeable for
except home state i.e otherstate.

Is This Answer Correct ?    9 Yes 0 No

Is VAT & CST should be charged at a time on one purchased item? please give more clearity on t..

Answer / rohit sharma

vat charge local sale state but cst charge other state sale

Is This Answer Correct ?    2 Yes 0 No

Is VAT & CST should be charged at a time on one purchased item? please give more clearity on t..

Answer / redd

vat is you should charge only home state and cst is charges
when you have sale out of state at that time you have
charged in this who have purchase the matireal he is if
submit c form u should charge 2% other wise 5%

Is This Answer Correct ?    0 Yes 4 No

Post New Answer

More Taxation Interview Questions

if i use CST@12.5% for a registered dealer then i use surcharge @5% on CST@12.5%. it is right or wrong? plz suggest me

2 Answers  


TAX should Be deducted on Water Supply Contract ?Why ?

5 Answers  


I want to know how to calculate service tax when I have made bill of Rs. 50000/- (Inclusive of service Tax)

4 Answers  


It means we have to pay all amount of TDS of 6 months in next month.... m i correct?

2 Answers  


when an endorsed bill dishonored, for the endorsee, it become the laibility? 1)of the drawee 2)of the drawer 3)of the payee 4)of the indorser

1 Answers  






how to calulate central exicise

1 Answers  


Anybody tell me What is Credit Availed, Credit Utilized & Credit Balance In service tax.

1 Answers  


How you will verify a supplier's bill of payment?

1 Answers  


whether commission earned by stock broker is laible for TDS?

2 Answers  


What is Excise & Service Tax ? What's Diffarance Excise & Service Tax ?

11 Answers  


80DD Dediction

0 Answers  


sir, please suggest me. If in case work contract, wct not deduct by principal contractor then what is the consequence ? I mean please clear me if the principal contractor not deduct wct then is the contractor (sub) liable to pay wct ?

0 Answers  


Categories