Cst
This query is : Resolved
20 June 2012
Can anyone please guide me as to whether CST is applicable by the Gujarat Government on the sale of Coated Diamonds to a client in maharashtra ? the word Coated meaning low value diamonds having value of rs 500/- per Carat .
RENGARAJ R.K
(Expert)
20 June 2012
Can you please find out the rate of local VAT for coated diamonds. The CST rate is applied based on the local vat rate. If coated diamonds are 1%, then the CST is also 1%.
rengaraj .r.k
rengaraj .r.k
RENGARAJ R.K
(Expert)
20 June 2012
Yes, i repeat that CST rate is same that of local Gujarat VAT rate. (especially when it is below 4%)
rengaraj r.k
rengaraj r.k
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