Answer / shiwani vaishnav

First of all we don't get any credit of CST its Central Sale
Tax, and its calculation is on the principal amount, and
currently CST charged @2% on every Central Sale.

Answer / ravi

First Calculate the Agreegate sales price
then CST is calculated by using following formula

CST= ASP*2/102

Net CST Payable= CST-Vat Credit(VAT on Purchases(-)VAT on
Sales)

Answer / ajit yadav

CST is Central Sale Tax.
We don't get refund of CST.
we get vat only.

CST is Calculate of total sale+Freight+Excise Duty and then
calculated 2% of above total.

We can refund to Excise Duty also

Answer / aditi chatterjee

CST IS CENTRAL SALES TAX.... APPLICABLE FOR ONLY INTER STATE
LEVEL SALE... TAX IS 2@ ON SALE... THERE IS NO PROBABILITY
OF CREDIT PAY AS LIKE VAT INPUT CREDIT PURCHASE... SINGLE
POINT TAXATION APPLIED HERE.... FOR THAT THE FIRST TIME THE
TWO REGISTERED DEALER SELLING FORM 'C' IS ISSUED TO STOP
MULTI POINT TAX ARISING... SO, NO CREDIT IN CST.

Answer / j venkataramana

we adjusted cst amount only on sales if there is surplus the remaining amount will be adjusted in the next time sale

Answer / cadilipgupta@gmail.com

we can adjust amount of CST against input tax credit(itc). for eg. if we have interstate sale(CST),local purchase(on itc available) and local sale(out put vat)
vat payable=out put vat on local sale-input tax credit available at the time of local purchase
cst payable =cst on interstate sale- ITC if there is amount left after adjust of out put vat

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