please explaine the procedure cst calculation if we got
credit?

Answer Posted / aditi chatterjee

CST IS CENTRAL SALES TAX.... APPLICABLE FOR ONLY INTER STATE
LEVEL SALE... TAX IS 2@ ON SALE... THERE IS NO PROBABILITY
OF CREDIT PAY AS LIKE VAT INPUT CREDIT PURCHASE... SINGLE
POINT TAXATION APPLIED HERE.... FOR THAT THE FIRST TIME THE
TWO REGISTERED DEALER SELLING FORM 'C' IS ISSUED TO STOP
MULTI POINT TAX ARISING... SO, NO CREDIT IN CST.

Is This Answer Correct ?    4 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

WHEN I 1ST TIME VAT E-RETURN FILLING WHAT IS THE REQUIREMENT & HOW FOOL FILL THE REQUIRMENT , HOW I GET C FORM THROW VAT E-RETURN FILLING FOR THIS WHAT STEPS NEED FOR ANY REGESTRATION TO GET ID & PASSWORD IF ELSE , PLEASE GIVE ME THE ANSWER ON MY E.MAIL sonidilip87@yahoo.com

1380


what diff. between Account ,Commerce and Finance?

1880


What are allowable and dis-allowable expenditure?

691


How treat TDS & TCS in manual or Tally 9 softwere ?

3569


what should be the research and methodology of business taxation?

1626






How tax deduction at source is deducted

1512


please tell me friends what are the formats of excise return and vat return?

1690


what is tax avoiding?

1596


If we issue a new sale invoice after issuing a Credit Note to the coustomer, for the previously issued sale invoice on which Central Sales Tax @2% was Paid previously,whether we will be liable to pay for charging the sales tax on new invoice and pay to the sales tax department.

1788


A Norwegian Company rents some equipment to a customer in India. The Norwegian Company does not have an office in India. The new tax regulations make in mandatory for them to furnish a PAN number without which a with holding tax will be deducted. The Norwegian company will be paying tax on this rental income in Norway. India and Norway have a Double Tax Avoidance Agreement. I wish to know 1) Is it possible for the Norweigian company to avoid the with holding tax in India?

1430


cgl2012 tier1 mein 62.50 marks they or mera naam TA wali list mein tha but mainey Auditor ko 1st prefernce choose kia tha tier2 mein maths mein 142 or english mein 104.50 marks aaye but fir bhi mera naam only list4 TA main tha or mujhey DEST typing test dena parha i want to know that agar main TA k liye typing test pass ahi kar pata to kya mujhey koi bhi post milegi. pls anybody knows tell me.

1631


kindly advise me any set off in excise duty in maharashtra

1234


what is the ct-1 sale? if ct-1 bond is misplaced what is the procedure for applying for new bond.

1585


how to calculate service tax on tds

1785


I am working as account in one of the logistics company for one year. I would like to know about service tax and how can I post necessary entries

2138