VAT

This query is : Resolved 

14 October 2009 What is CST under VAT?

14 October 2009 CST is Central Sales Tax Act 1956 and its not under VAT. Vat is a different ACT which governs the Tax on sales made within the particular State whereas CST applies for Sales to other state from a particular State.

Please explain your question.

14 October 2009 CST & VAT are totally different.

CST: Its sales tax on goods sold outside state. It is standard for all the states.

VAT: Its sales tax on goods sold within state. It varies from one state to state.

15 October 2009 Thank you


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