banner_ad

NOTIFICATION OF CST 3% TO 2%

VAT (Legacy) 18369 views 175 replies

Dear All, As you know as per Budget 2008-09, CST rate is 2% since 1st April 2008. But till time no notification is coming from Sales tax department. Then what we have to charged 3% or 2%. Please give solution asap. Thanks & Regards CA. B.K.BANSAL

Replies (175)

hi, till the time it does not get notified the effective rate will remain the rate which is notifed i.e,3% instead of 2%........thx

in central budget 08 the proposal is that 2% cst efficative from 1-4-2008 and they also proposed up till 2010 the cst will be nil  so as per my openion 2% will take effect 1-4-2008

I endordsed the view expressed by Mr Randhir Kumar, Till notified rate of CST will remain 3%.

Though the rate of CST has been reduced from 3% to 2%, no notification has been issued in this respect. As such there is no other option but to charge CST @ 3%. Also in the respective state budgets it has been said that amendments will take place after the notification has been issued. We are also charging CST  @ 3% in the absence of any notification. 

since no notofication received till date it will be  2%....

 

sorry i have mentioned by mistakely 2% actually it will be 3% ....

hello  cst rate 1/4/2008 se 2% ya 3% plz reply

It will be 3% till such time the notification issued. Chennai Commissionerate had already issued a directive to the departmental officers conforming CST rate 3% till such time notification conforms the rate. Therefore, please carry the sales billing by charging CST rate at 3% as usual, and if later on, the CST rate 2% is conformed retrospectively from 1st April; adjustment can be made by issuance of credit note.

wat will be the rate of cst from 1.4.08 2% or 3%

CST NOTIFICATION NO. PLEASE

In Central budget 08 the proposal is that 2% cst efficative from 1-4-2008 and they also proposed up till 2010 the cst will be nil  so as per my openion 2% will take effect 1-4-2008. So we have start the billing under C.S.T. 2%. It is ok or not, please inform immediately.

Today, 8th April 2008, Chief Ministers of all States met with Finance Minister of India to decide the final otutcome for reduction of CST from 3% to 2%. No fruitful result came and as shown in the www.taxindiaonline.com that "UNCERTAINNTY HOVERS OVER CST RATE CUT NOTIFICATION; 3% RATE CONTINUES  TO PREVAIL".

Regards,

Man Mohan Gupta

Executive -Sales Tax (JSL)

Today, 8th April 2008, Chief Ministers of all States met with Finance Minister of India to decide the final otutcome for reduction of CST from 3% to 2%. No fruitful result came and as shown in the www.taxindiaonline.com that "UNCERTAINNTY HOVERS OVER CST RATE CUT NOTIFICATION; 3% RATE CONTINUES  TO PREVAIL".

Regards,

Man Mohan Gupta

Executive -Sales Tax (JSL)

sir pls send me new tds chart


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details