What is the difference between TIN no. and CST no.?

Answer Posted / h.r. sreepada bhagi

TIN (Taxpayer Identification Number) is issued by the
Commercial Taxes Department to an applicant under the VAT
Act of the concerned state.

CST No. (Central Sales Tax Number) is issued by the
Commercial Taxes Department to an applicant under the CST Act.

Both these are the Registration Numbers under the respective
Acts.

These abbreviations are explained only in the context of
Indirect Taxation in India.

Is This Answer Correct ?    153 Yes 18 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Expand---------ODMT

2046


what's accounts payable

10706


How do you handle lack of direction or working in chaos

1585


All shot cut key use in the tally software & it's uses

1622


What is Free Cash?

1763






what is the meaning of input vat & out put vat?

3538


What is deffered income

1704


EXPAND___________IMF

1732


plz tell me the finance questions asked in hsbc latest question asked in hsbc?

1537


Define Payee

1634


How can I explain p2p process in SAP?

2743


We did promotion activity for X co that co is our client ( S Dr) which we sold tickets through our vendor through out north india ... But those vendors adjusted cash with thir bill and remaining balance we received ,, Ticket amount we paid from our co Bank A/c to our client (S Dr) .the amount is too huge so how can i sort out this in books of acconts ..............

1503


what is debit/credit note ? what deffered income and expencess?

2293


Expand----------SAMC

1625


From the following find out a. Profit Volume ratio b. Break even point c. Sales for 40% P/V Ratio d. Margin of safety from the sales Rs 3,00,000 e. Net profit from the sales of Rs 3,00,000 f. Required sales for the new profit of Rs 70,000 g. Required sales for the net profit of Rs 70,,000 after tax, the corporate income tax being 40% h. Additional sales required to convert an increase of Rs 3000 p.a. in the sales manager salary Sale 2,00,000 Variable Overheads 1,50,000 Profit 50000 Fixed overheads 15000 Net profit 35000 Sl No Heads of Account Debit Rs Credit Rs 1 Drawing and Capital 750 15,000 2 Stock as on 01.01.2009 69720 3 Bills Receivable and bills payable 1000 1180 4 Returns 300 320 5 Purchases and Sales 4500 8300 6 Wages 70 7 Discount 30 8 Salaries 200 9 Canara Bank Shares 3000 10 Insurance 120 11 Building 3000 12 Furniture 700 13 Debtors and Creditors 600 1300 14 Cash in Hand 470 15 Overdraft at bank 900

1652