what is CST for what we are using it
- 13 Answers
- 21598 Views
- I also Faced
- E-Mail Answers
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 timings of ruturn filing of vat,cst,service tax,cenvat explaine?
I plan to buy a new flat in Hyderabad which has never been registered before. Area of the flat is 1115 Sq. ft. I intend to know the following things.1.) what should be the amount of registration?.2.) Is there any VAT. If there is VAT what is the percentage?.3.) Is there any service tax. If so, what should be the percentage? as per F.Y 12-13 rule
If suppose we wrongly deduct the TDS on professional fees then what to do?
service tax
if our provision of taxation of particular year 23000/- and on that year we paid advance tax 20000/-then how we adjust this both amount.......
Dear Sir/madam, Is this possible that Service Tax and VAT on a similar item at a time?
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
What is the limite of deducted of WCT & how we fill the return in Haryana
How can a taxpayer get a refund for an overpayment of taxes?
If we purchase material against Form-C from Mumbai and two address mentioned in the invoice i.e.invoiced address - Delhi and Shipped address-Banglore(material delivered address).So,from-C should be issued from which state.
How many types of Tax are ?
if i allow to deduct tds to another company from my income, in which situation i can getback from govt. is it possible to get back this tds amount?
Audit 
