Surcharge
This query is : Resolved
09 March 2010
I want to know whether surcharge of 10% on Punjab VAT is applicable on CST also
09 March 2010
no, CST is separate from VAT or salaes tax. there is no surcharge on CST
09 March 2010
thanks for your reply. It means one can sold goods on CST @4% & 12.5% or rates for CST in punjab will be 5% & 12.5%
09 March 2010
thanks for your reply. It means one can sold goods on CST @4% & 12.5% or rates for CST in punjab will be 5% & 12.5%
09 March 2010
As per section 8(2) of CST Act 1956 the surcharge will be applicable on CST too in case of undeclared goods sold to a person without C form. However no surcharge will be leviable on CST if goods are sold against C forms.
Surcharge is also applicable on CST chargeble on those declared goods on which the PVAT rate is less than 4%
Surcharge is also applicable on CST chargeble on those declared goods on which the PVAT rate is less than 4%
10 March 2010
Mr Prashant is saying there is no surcharge on CST while Mr. Amit is saying surcharge is also applicable on CST. Can anybody clear this confusion
10 March 2010
Dear Satendra there is no confusion. As per section 8(2) as ammended by Taxation Laws (Ammendment)Act of 2007 If the interstate sale is made to an unregistered dealer or without C form then the CST will be the same as the tax applicable on the goods sold under the state act. Hence the surcharge will also be applicable on the CST
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
- About TDS & Income Tax
- Under construction property in ITR
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- Scrutiny and reopening of past returns
- PPF interest-As Exempt Income disclosure
- Building tax payment deduction in rental Income
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- F & O PROFIT REPORTING FOR AY 2026-27
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
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
