Cst
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 March 2012
would it be correct to say that there are two kinds of sales tax in india-cst and local sales tax (now vat )...also please define cst (central sales tax )
18 March 2012
Mr Author,
Yes,there are two kinds of Sales tax.One i.e.local,governed by VAT law of each state and another Interstate by the Central govt law. CST comes into effect when a transaction of sale results in movement of goods from one state to another....MJK
Yes,there are two kinds of Sales tax.One i.e.local,governed by VAT law of each state and another Interstate by the Central govt law. CST comes into effect when a transaction of sale results in movement of goods from one state to another....MJK
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