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Tax

This query is : Resolved 
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(Querist)
06 July 2013 I want to know the difference between VAT and CST. and also VAT and CENVAT.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
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
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
06 July 2013 Perfectly explained in short by expert.
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gayathri

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gayathri (Querist)
07 July 2013 Thank you sir
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