Interested to Buy Any Domain ? << Click Here >> for more details...
what is difference among VAT, CST and sale tax
- 14 Answers
- 37350 Views
- Sulux Phosphates, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
What is TCS? On Which it is Computed.
Difference between provision & reserve with an example?
3 Answers IHG InterContinental Hotels Group, Mount Kenya University, OPI Global,
Our Company is engaged in Construction activities. We are going to purchase Exacavator Machine from the interstate. Whether the above purchase covered by issuing C form ? Whether can we apply for C Forms in sales tax Dept ? Please clarify sir
7 Answers Construction, Real Estate,
I have mentioned the buyer as in Kolkata and the consignee's in Jharkhand now the consignee has issued the C Form whether the C Forms is acceptable or not kindly help me
is there in india the rate of work contract are same in all states if now what are the statewise rate
Timings / Months when the advance tax shud be paid For Domestic companies?
Define Amortization & Impairment?
How do we use C-Form.
complete information about these taxes-income tax,ser vice tax,sales tax,vat,excise with complete detail-mening,all form ,date of filling,procedure,heads,rates for 2008-09 year?
Can be deduct Tds on Staff welfare expenses?
Who is an assesse?
About vat, service tax, tds, cenvat
Audit 
