Taxes

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Querist : Anonymous

Querist : Anonymous (Querist)

25 July 2011 Hi All,

We are hyderabad based company and we purchased goods in hyderabad but sold to other state(i.e banglore) so it is comes under VAT or CTS. If CST how much % to be charged.

Kindly go throgh and please let me know your suggestions.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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25 July 2011 when you are selling goods from one state to another state it will be covered under CST as per section 3(a).

if a buyer also having CST registration then you can charge 2% CST. and receive the C Form from buyer

if buyer not having CST registration then you need to charge Local vat rate as CST

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Querist : Anonymous

Querist : Anonymous (Querist)

26 July 2011 Thank you sir.

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