Components for calculating CST
This query is : Resolved
20 November 2008
I want to know whether transit insurance is to be included in calculating Central sales Tax?
For Example:
Basic Price 100
Excise duty(14.42%) 14.42
Total 114.42
Cst will be calculated at the rate of 2% on 114.42.Whether transit insurance is to be included along with excise for sales tax levy.
For Example:
Basic Price 100
Excise duty(14.42%) 14.42
Total 114.42
Cst will be calculated at the rate of 2% on 114.42.Whether transit insurance is to be included along with excise for sales tax levy.
20 November 2008
If goods are sold on ex-works - No
But if goods are sold on FOR basis - Yes
But if goods are sold on FOR basis - Yes
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