what is CST for what we are using it
Answers were Sorted based on User's Feedback
Answer / manoj
CST is central sales tax charged by a company if they are
from different state.Example is if i have a company in
Gujarat and doing sales transaction with madhya pradesh
client, i have to charged CST @2% against form-C other wise
it is 12.5%(full tax without form-C).
| Is This Answer Correct ? | 53 Yes | 3 No |
Answer / govind sharma
CST is a Central Sales Tax and we charge it for interstate
sale
| Is This Answer Correct ? | 43 Yes | 3 No |
Central Sales Tax
Use for interstate Sale
| Is This Answer Correct ? | 44 Yes | 8 No |
Answer / avadhut
CST IS A CENTRAL SALES TAX. AT THE TIME OF INTER STATE
SALE CST IS APPLICABLE. INTERSTATE STALE MEANS GOODS SALE
FROM MAHARASHTRA TO GUJRAT. BUYER CAN BUY THE GOODS FROM
OTHER STATE BY PAYING 2% CST AGAINS ISSUE OF FORM 'C' OTHER
WISE IF FORM 'C' NOT ISSUE BY THE BUYER THEN THE SELLER CAN
CHARGE THE HIGHEST TAX OF THAT COMMODITY.
| Is This Answer Correct ? | 26 Yes | 1 No |
Answer / pradyut bag
CST is central sales tax charged by a company if they are
from different state.Example I have a company in
West Bengal and doing sales transaction with Bihar
client, i have to charged CST @2% against form-C other wise
it is 12.5%(full tax without form-C).C form will give who
purchase the goods.
Pradyut Bag (Hooghly, West Bengal)
| Is This Answer Correct ? | 22 Yes | 0 No |
Answer / manish
It we submitted 'C ' form then cst is 2 % otherwise 12.5%
Why government lose. against c form.
| Is This Answer Correct ? | 21 Yes | 3 No |
Answer / manish
cst is the cnrl sales tax , which charge by the saler to
his purchaser agianst form 'C' if purchaser is registered,
and this transaction should be only interstate transaction.
if the purchaser is not a registered dealer then saler will
charge cst with the rate of VAT of his state of that item.
| Is This Answer Correct ? | 12 Yes | 3 No |
Answer / shashi bhushan kr. sinha
CST MEANS CENTRAL SALES TAX IT REGULATED BY CENTRAL SALES TAX ACT 1956. WHEN WE ENTER IN INTER-STATE (OUT OF STATE)SALE OR TRANSFER OF GOODS THEN SUCH TRANSACTION COVERED UNDER CST ACT AND TRANSACTION IS DONE WITH DEALER REGISTERED UNDER CENTRAL SALES TAX ACT WITH FORM C/D/H/F. C FORM IS USED FOR CONCESSIONAL TRANSACTION @ 2% AGAINST C FORM, FORM D IS FOR GOVT. DEPARTMENT AND FORM "H" IS USED FOR TRANSFER OF STOCK/CONSIGNMENT TO BRANCH OFFICE OF AGENT AND FOR "H" is certificate of export and generally issued by exporter(goods sent out of india)
| Is This Answer Correct ? | 4 Yes | 0 No |
what is "c" form?
how to adjustent the accounts part of the company and how to calculate vat and gst .kindly answer me sir. my e-mail id is:- dipak92.dip@gmail.com
sir mai ek bar cst online tax payment kar raha tha to sar maine tac par na click kar ke interst par click kar di ho mai kya karu please give a anwers
basic knowledge of accounting ?
What is TDS ?
(1)what is last date of monthly TDS challan deposit (2) what is last date of TDS quarterly Return filling
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What is calculate of tds
What is minium bill of TDS Deduction Example If Contractor give us 1st Bill - 10000/- 2nd Bill - 15000/- 3rd Bill - 7000/-
TDS Form for salary whose salary less than 150000/-
can we deduct the tds on purchase of computer, server?
Can any One Plz Help Me with TDS Charts & Filling? Plz Send Me All Details to My email Id: satish.0483@gmail.com Plz Its Asked to Me In My Interview Held In Coming 2 Or 3 Days
If my company undertakes an AMC (Annual Maintainence Contract)with a Service company for Photocopiers Machines it is understood that we will be charged 12.36% of Service Tax on 70% of Total amount however how much percentage VAT is applicable on rest of the 30 % of total amount?