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what is the difference between CST, VAT, SALES TAX, EXCISE
DUTY, CUSTOMS DUTY
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Answer Posted / kamal
cst refers by central sales tax which is levied on the sale of the goods with in the state and collected by the State govt.
For Example : If a person from U.P purchase goods from Delhi ,Then Cst is receive by Delhi govt. Only CST rate will decided by Central Govt.
vat refers value added tax which means charge the tax on consumable products and this is the charge by the state govt.
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