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Querist : Anonymous

Querist : Anonymous (Querist)

10 May 2010 CAN ANYONE STATE, IN BRIEF ,THE INCIDENCE OF CST

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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10 May 2010 A dealer making inter state sale or purchase(which is sale or purchase from outside the state)

Querist : Anonymous

Querist : Anonymous (Querist)

10 May 2010 which dealer needs to be regd.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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10 May 2010 Dealer means the dealer register under CST act. a person who wants to do the inter state sale or purchase for availing the concessional rate of CST, need to be register under CST

Querist : Anonymous

Querist : Anonymous (Querist)

10 May 2010 cst is levied on inter state sales right?so what does purchase mean?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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10 May 2010 Yes.correct the Purchase means the purchase of goods from the outside the state. a CST register delear has to register under CST for getting cocessional rate of CST on purchase, if he is not register under CST he need to pay local VAT rate

Querist : Anonymous

Querist : Anonymous (Querist)

10 May 2010 THANK YOU SIR