Need % of tax to be levied for intra and interstate sales
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 August 2014
Hi Guys,
I own a startup and about to go -live with my e-commerce website for selling Health/Food supplements in online retail. I do an interstate purchase using C-form. My query is when I resell the products in retail, what is the % of tax to be levied in my invoice to customer(ofcourse with out c-form).
I need the % of tax to be included for both intra state and inter-state retail sales.
My company is registered and operating from Tamilnadu.
I own a startup and about to go -live with my e-commerce website for selling Health/Food supplements in online retail. I do an interstate purchase using C-form. My query is when I resell the products in retail, what is the % of tax to be levied in my invoice to customer(ofcourse with out c-form).
I need the % of tax to be included for both intra state and inter-state retail sales.
My company is registered and operating from Tamilnadu.
05 August 2014
Charge CST (central Sales Tax) at the rate that is applicable to TN VAT. It means if the rate of VAT in TN is 5%, charges CST@5%. If 12.50%, then @12.50%
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