CST Rate
This query is : Resolved
27 January 2010
Dear All,
As u know that VAT rate has been increased from 4% to 5% in Delhi w.e.f. 14th Jan 2010. Pls let me know what will be CST rate now, without form 'C' .
As per my understanding, CST rate can not be less than VAT rate.
Kindly suggest.
Regards
Sandeep
As u know that VAT rate has been increased from 4% to 5% in Delhi w.e.f. 14th Jan 2010. Pls let me know what will be CST rate now, without form 'C' .
As per my understanding, CST rate can not be less than VAT rate.
Kindly suggest.
Regards
Sandeep
CA Vijay Kumar Gupta
(Expert)
27 January 2010
The effective date of increase in DVat is 13-01-2010. the cSt rate without tax is the applicable local ratei.e. 5% on all items sepecified i III rd schedule except declared goods.
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