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 .
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
20 June 2012
But then is CST charged on such goods ???
vat rate is 1% .
vat rate is 1% .
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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