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what is difference among VAT, CST and sale tax

Answers were Sorted based on User's Feedback



what is difference among VAT, CST and sale tax..

Answer / vedhavyas g kotekar

VAT [Value Added TAx] means tax is local tax i.e, within
the state & CST [Central Sales Tax] Inter state Sales or
Transaction and Sales Tax is the Tax on Sales it may be VAT
or CST.

Is This Answer Correct ?    96 Yes 6 No

what is difference among VAT, CST and sale tax..

Answer / narender kumar

vat is value added tax ( it is local tax on product sale) &
cst is a central sale tax (it is not local tax , basically
it is sale of other then local state.vat & cst both are
sale tax

Is This Answer Correct ?    33 Yes 0 No

what is difference among VAT, CST and sale tax..

Answer / jayashree

Value added tax is Basically ,when goods are sold
locally,or within state only & CST is ,when goods are sold
out of state. Sale tax is general term used for all sold
goods.

Is This Answer Correct ?    23 Yes 0 No

what is difference among VAT, CST and sale tax..

Answer / amit goyal

VAT- Vat is a local tax in a state.That percentage is 4,5
and 12.50 %.In local tax we issue D-1 form aganist 4% sale
or purchase.otherwise 5 or 12.50 %tax will be charge.

CST - Central sale tax is a sale of outside local city.It
means sale on central area.the tax is on C form 2 %
otherwise 4 and 12.50 %,It depends on item.

sale tax- We are saling the product than we can charge tax
that is sale tax.sale can be central and local.

Is This Answer Correct ?    16 Yes 1 No

what is difference among VAT, CST and sale tax..

Answer / bhrast bharat

Simple hai yaar:- VAT ko state govt. khaa jati hai.
aur CST ko Central govt. khaa jati hai.
State govt. ko khaane ko nahi milta tha to usne VAT ka
janam kar diya. Itna khaane ke baad bhi madarchoodo ka pet
nahi bharta to ghoos khate hai. G.Tax matlab to samajh hi
rahe ho dosto.

Is This Answer Correct ?    17 Yes 3 No

what is difference among VAT, CST and sale tax..

Answer / abhishek ranjan

IF YOU ARE PURCHASING SOMETHING WITHIN THE STATE. THEN YOU
HAVE TO PAY VAT AS A TAX. & YOU ARE PURCHASING FROM ANOTHER
STATE THEN YOU HAVE TO PAY CENTRAL SALE TAX.

Is This Answer Correct ?    13 Yes 0 No

what is difference among VAT, CST and sale tax..

Answer / ramya

In VAT we can take credit from our purchases, but in CST we
cannot take credit from our purchases.

Is This Answer Correct ?    13 Yes 4 No

what is difference among VAT, CST and sale tax..

Answer / deepak shashi

There are two important Tax invoice one is VAT and another
one is CST. VAT(value added tax) means tax for goods sold
inside the state and CST(central sale tax) means tax for
goods sold out of state.

Is This Answer Correct ?    10 Yes 1 No

what is difference among VAT, CST and sale tax..

Answer / r.iyyappan

There are two important Tax invoice one is VAT and another
one is CST. VAT(value added tax) means tax for goods sold
inside the state and CST(central sale tax) means tax for
goods sold out of state

Is This Answer Correct ?    7 Yes 0 No

what is difference among VAT, CST and sale tax..

Answer / ramesh

vat (Valu added tax) is means local mateial purchase,cst
(central sales tax) material movement one state to anothere
state.

Is This Answer Correct ?    4 Yes 0 No

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