Ceiling rate on Declared goods under CST Act incresed to 5%

Amit Bajaj , Last updated: 02 March 2011  
  Share

It has been proposed in the Budget 2011-12 to increase the ceiling of 4% on declared goods under section 15 of CST Act to 5%. Currently State Governments cannot levy VAT more than 4% on declared goods. Declared goods are those goods which are of special importance and have been defined

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 1999/-

Offer Price : INR 999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)
CCI Pro

Published by

Amit Bajaj
(Tax Attorney)
Category VAT   Report

Other Articles  
Comment   Share
2 Likes   32060 Views
Comments

Related Articles


Loading


Popular Articles




CCI Pro

Trending Online Classes

view all classess

CCI Articles

You can also submit your article by sending to article@caclubindia.com

submit article

Browse by Category