CST & VAT
This query is : Resolved
15 September 2010
WHAT IS THE DIFFERENCE BETWEEN CST AND VAT?
DO WE GET CREDIT FOR CST IN VAT?
WHAT ARE THE VARIOUS RATES APPLICABLE IN BOTH THE CASES..?
ALSO WHAT EXACTLY DOES FORM C SHOWS?
DO WE GET CREDIT FOR CST IN VAT?
WHAT ARE THE VARIOUS RATES APPLICABLE IN BOTH THE CASES..?
ALSO WHAT EXACTLY DOES FORM C SHOWS?
15 September 2010
VAT is the sales tax on intra state purchase and sale (which is with in the state)
CST- is the sales tax on inter state purchase and sales( which is outside the state)
CST present rate is 2% and VAT is based on state VAT act, generally VAT is 5 % or 13.50%
C form is the form issued by purchaser for getting 2 % rate OF CST
CST- is the sales tax on inter state purchase and sales( which is outside the state)
CST present rate is 2% and VAT is based on state VAT act, generally VAT is 5 % or 13.50%
C form is the form issued by purchaser for getting 2 % rate OF CST
15 September 2010
credit of CST in VAT is not available
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Itr 1 processing
- Off Market debit and credit transaction
- ITR returnFY25-26
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- Article ship defecit
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
