what is the different between CST , VAT, and Excise Duty ?
Answer Posted / varun maingi
cst -interstate sales
vat- intrastate sales
excise-removal of goods from factory
custom -import of goods
sales tax is divided into 2 parts cst and vat
where vat- is levied on multipoint sales and input tax
credit is also available to remove cascading effect ie(tax
on tax)
Is This Answer Correct ? | 54 Yes | 8 No |
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