3% OR 3% CST WITH EFFECT FROM 01/04/2008
This query is : Resolved
04 May 2008
STILL COMPANIES ARE CHARGING 3% CST CITING REASON THAT THEY HAVE NOT RECEIVED ANY COMMUNICATION EFFECTING THE ROLL OVER TO 2% CST. IN THIS, TN VAT COMMISSIONER ISSUED A CIRCULAR TO COLLECT 3% TILL THE RECIEPT OF NOTIFICATION.THEN MY QUESTION IS WHETHER WE CAN ISSUE C FORM ON FOR 3% BILLS AND ALSO IS THERE IS THERE ANY PROVISION TO COLLECT THE 1% EXCESS AMOUNT COLLECTED DURING THIS PERIOD, AFTER THE ISSUANCE OF NOTIFICATION. PLEASE LET ME KNOW THE DATE OF NOTIFICATION TO THIS EFFECT
04 May 2008
it is not yet notified.
th rate of cst is still 3% and the same procedure will be followed for issuance of C form.
th rate of cst is still 3% and the same procedure will be followed for issuance of C form.
04 May 2008
if you will charge any excess amount of tax you should have to pay the amount to the state tax authority OR you may refund the excess amount charged to the cusomer but you have to collect solid evidence for the refunded amount.such as issue of credit note/payment evidence with receipt etc.etc.. date of notification is still awaited.
05 May 2008
It is 3% as on time. When budget will be approved then it will become 2%
05 May 2008
BUDGET IS APPROVED ON 29 TH APR-08.
THE FINANCE MINISTER OF UNION AND STATES ARE DELIBERATING ON THE ISSUE OF CST REDUCTION FROM 3 TO 2%.AWAIT GAZETTE NOTIFICATION. AS OF NOW IT IS 3 %
R.V.RAO
THE FINANCE MINISTER OF UNION AND STATES ARE DELIBERATING ON THE ISSUE OF CST REDUCTION FROM 3 TO 2%.AWAIT GAZETTE NOTIFICATION. AS OF NOW IT IS 3 %
R.V.RAO
05 May 2008
It is ridiculous. The Finance Minister should also have deferred his announcement. Budget Speech is not a joke.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITDS U/S.194T of Firm
- Unregistered suppliers utility
- Difference between Date of Payment and Date of Deduction?
- Non-Compliance documents have not been submitted by the contractors debited
- EXPORT COMMERCIAL INVOICE HSN CODE
- GST not cancelled by tenant
- Cash balance limit and property purchases limit
- NRI starting business in India
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
