APPLICABLE SALES TAX WHEN CST WILL BE ZERO.
This query is : Resolved
NIHAR RANJAN
(Querist)
25 June 2008
IT IS PROPOSED THAT CST WILL BE REDUCED TO NIL BY 2010-11.
(a) THEN,WHAT WILL BE THE SALES TAX RATE IN INTER-STATE SALES?
(b) Suppose,it is Zero,What Govt. will acheive by doing this? Regd. Dealer can purchase from Some State and may sell in some other consumer of the State.Then,State
cannot impose any Sales Tax even.
Please advise.
(a) THEN,WHAT WILL BE THE SALES TAX RATE IN INTER-STATE SALES?
(b) Suppose,it is Zero,What Govt. will acheive by doing this? Regd. Dealer can purchase from Some State and may sell in some other consumer of the State.Then,State
cannot impose any Sales Tax even.
Please advise.
S.Srinivasaraghavan
(Expert)
25 June 2008
CST will not be there.
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