CST

Existing CST rate applicable from 01/april/2008 is 2%, earlier it was 3%.

See www.unionbudget.nic.in

2%

Dear,

Can anybody tell me about notification of rate reduced to 2%?

If form C could not be issued /full rate of tax of the billing state will be charged.

Regards

CST rate has been reduced to 2% vide Finance Bill, 2008. Is there any necessity to issue a separate notification?

The CST rate without C form is 4%.

In the Finance Bill 2008 The UFM has proposed to reduce the CST rate from 3% to 2% but till date that has not been Notified. Under this situation what rate will be applicable ?

S. Banerjee

My dear Naikji,

If it is not sure[without form c rate is 4%], we should keep silence, baseless answer create confusion as well as bad impression of members of CACLUB.

with warm regards

sunil 

I agreed with you

CST applicable at present is 3% only. Revision in rate is still not effected as all States have not yet accepted rate of 2%.