Interested to Buy Any Domain ? << Click Here >> for more details...
what is CST for what we are using it
- 13 Answers
- 25069 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 |
Why are component values not adding up to total values in some tables?
The nature of taxation
1. what is the last date for payment of tds for the month of March? 2.Will the due date differs for each assessment years? if so what is due date for payment of tds for March Month for the Assessment year 2008-09?
Sir, I attended infrastructure company but my question is For example: Basic value- 100000 sevice tax 14500 total bill value 114500 What is the tds amount?
what is the difference between tds tax code and tds tax type in sap fi
what is the entry for bad debts?
3 Answers Accenture, CBL, Ernst Young, GNCC,
on which product vat 14.5% applicable in maharashtra
1 Answers Everlast Composites, Tyvek,
please explaine excise ruturn forms like er-1,er-2,er-3 etc?
If Sales Made Against form c with Rate2%, after then we are unable to collect the form c from party, party is ready to pay debitnote to us, we also agree for this, what procedure to follow, how to pay to Vat Department and which form to be submitted.
why use diff vat forms like vat51 vat3 why
wct amount deducted by main company .that amount will be returned Subcontractor?If yes,how process is given me.
Is sales against H Form Either in Punjab or out of Punjab treated as Zero rated sales in vat 15 form in Window showing as Break up of Zero rated sales: Direct export out of country; Sales against H Forms Or it is treated as seprate
Audit 
