Applicability of VAT or CST for coming Nov2008,PE-II EXAMS.

CST hasnt been phased out yet. It will b gradually phased out to 0%, i.e it'll b abolished. Moreover, the CST Act will remain, for the definitions and all, jst the 'tax' will b phased out. so Both for Nov 08 & may 09, CST will b present in PE2 syllabus. jst confirm the current rate (may be 2%; i Might b Wrong) for ur Nov09 attempt. all the best.

and regarding Inclusion of VAT Act in syllabus, be assured it wont b done without prior notice. and with 2 months left, it doesnt stand a chance.

it wud mean a change in syllabus. for that ICAI wud hv given all the students to collect Study Mat for the same. so dont worry abt it at all.

there is no chenge in pe2 syllabus..

you may read CST even though it is not phased out yet....

VAT applies only for PCC students..

anywayz u confirm..

Hi Frnds,

Many thanks for your response!

Karan