Tax
This query is : Resolved
06 July 2013
I want to know the difference between VAT and CST. and also VAT and CENVAT.
06 July 2013
VAT - Value added tax, it is Sales tax under state,levied on purchase and sale of goods with in the state
CST- Central Sales Tax. which levied on the purchase and sale of goods outside the state
CENVAT- is the Central Value Added Tax- which applicable on the Central taxs which is Excise, Customs & Service tax
CST- Central Sales Tax. which levied on the purchase and sale of goods outside the state
CENVAT- is the Central Value Added Tax- which applicable on the Central taxs which is Excise, Customs & Service tax
06 July 2013
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