taxation CST

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22 September 2016 What is the difference between and core meaning of registered dealer and unregistered dealer in case of CST ????

22 September 2016 the one having CST registration number is called as registered dealer of CST

22 September 2016 but if he don't have registration than it would not be illegal?????

22 September 2016 it is NOT the question of legal or illegal......
there are many dealers who dont either purchase or sell out of the State......they are NOT required to take CST registration at all.....that does NOT mean they are illegal....Ok?

22 September 2016 thanks sir!! , so it indicates that even if we sale outside the state it is not mandatory to be registered??

22 September 2016 please let me know one thing.......do you have VAT registration?

22 September 2016 I am an student sir and I was reading CST so I had got a doubt and thought to ask

22 September 2016 ok... see the point is the registered dealer under VAT.....say for example KVAT (Karnataka Vat)....sells goods to Tamilnadu... Then CST is applicable.....and in that case...registration under CST is advisable.
Another point is.....many a States have the provision that if turnover limit is 50000 and Outside state purchase is 5000, then they can apply for VAT...... now in this case, since there is outside State purchase, the VAT officer gives CST registration as well.
Now tell me, what else you need from study view point?

22 September 2016 thanks for the clarification sir

22 September 2016 you are most welcome.

22 September 2016 sir my another question is that if the dealer is ready to pay higher rate (state vat) and don't want CST registration isn't it illegal , he can sell goods to other states??

22 September 2016 the point of OR place of sale is important factor.
If Karnataka dealer sells goods to Tamilnadu at say Bengaluru, then he has to apply KVAT on such
On the other hand, if the same dealer sells goods at Chennai, CST is applicable.

22 September 2016 sir what is d concept of dharmada?

22 September 2016 you can take it as charity OR gift OR donation.....that which is done without consideration....
In CST, the issue comes whether dharmada should be taxed or not?

22 September 2016 what should it be done??

22 September 2016 theory says : No, it should not be taxed.
In reality it is very difficult to prove that it is Dharmada with VAT officers.

22 September 2016 what to do in exams IPCC??

22 September 2016 We need to go by theory.....

22 September 2016 OK sir thanks

22 September 2016 you are most welcome.


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