Expand C S T
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Answer / sourabh singh
CST mean Central Sales Tax.
When a Registered dealer sale there goods outside of state
then the CST will be charged @ 2% but this is happen only
when the purchaser will provide "C" form otherwise local
tax will be charges ie CST 4% or CST 12.5%
| Is This Answer Correct ? | 14 Yes | 3 No |
CST means Centeral Sales Tax, And added in the tax
invoice , cst applicable on out of state sales if sales is
local then vat . And other sate sales then cst ,it is the
direct tax ,
| Is This Answer Correct ? | 8 Yes | 2 No |
Answer / h.r. sreepada bhagi
CST - Central Sales tax, It's levied on sale of goods by a
dealer in a state to a buyer in another state in India
(Inter-State Sales)
It's an Indirect Tax levied under the Central Sales Tax Act.
Rates of tax may vary from state to state and year on year.
For latest tax rates, one has to refer the relevant schedule
to the VAT Act & Central Sales Tax Act, in which the seller
is located.
It should be remembered that the rates of taxes are as per
the Value Added Taxes Act in a State, if the buyer is not
entitled to or will not issue 'C-Form' against which
concessional rate of tax is applicable.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / gaurav garg
CSD (Central sales Tax)
ye tax only sale per lagta hai aur jitna tax hum sale kerne
per sale amount mai add kerte hai wo complete tax goverment
ko pay kerna hota hai.
aur ye tax yadi business man out of other state sale kerta
hai tab lagta hai but ab to vat tax lagta hai
| Is This Answer Correct ? | 4 Yes | 6 No |
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