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what is the exact meaning of cst? what is its usage and
what are the benefits of c form?
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Answer Posted / yash
CST = Central Sales Tax
If customer issues the C-Form then 2% CST is applicable
otherwise full tax is applicable. that means it saves tax.
After delivery of material we have to collect the C-Form
from the party otherwise it is a liability during sales tax
assessment.
| Is This Answer Correct ? | 249 Yes | 26 No |
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