C.S.T QUERY

1469 views 7 replies
User Avatar

ACMA (in Service)
5073 Points Posted on 23 October 2007 
 

FOR NOV 2007 PE2 Exam,

Which rate of CST r u guys following?

The Old rate of 4% or the new rate(w.e.f. 01.04.07) of 3%.

Also, are the changes made in respect to sales made to Govt(as notified in the RTP), applicable in this term? viz.

(1) No CST exemption in respect of subsequent sale to Government

(2) Concessional rate of tax not applicable on inter-State sale to Government

PLS HELP,

THANKS.
Reply Share Follow
On 23 October 2007 at 10:51 Report
Replies (7)
User Avatar

student
86 Points Posted on 23 October 2007
hi jeet for this exams actully finance act 2006 is applicable.but by seeing RTP i also got doubt about this.
Reply
On 23 October 2007 at 18:21
User Avatar

ACMA (in Service)
5073 Points Posted on 24 October 2007
PLS help guys!!!! Doesnt any1 hav any idea ?
Reply
On 24 October 2007 at 08:45
User Avatar

student
73 Points Posted on 24 October 2007
Jeet, even I have the same query. Pls somebody help.
Reply
On 24 October 2007 at 09:06
User Avatar

Guest
461680 Points Posted on 25 October 2007
WHAT WILL B THE CST RATE FOR NOV 2007?
Reply
On 25 October 2007 at 19:23
User Avatar

Guest
461680 Points Posted on 25 October 2007
4%.no doubt.
Reply
On 25 October 2007 at 19:28
User Avatar

student
86 Points Posted on 25 October 2007
ya now cst rate is surely 4% no doubt about that.but friends make a note in exam about amendments for examiner reference.
Reply
On 25 October 2007 at 20:15
User Avatar

article
567 Points Posted on 04 November 2007
solve your answer with two options.... Option I : as per finance bill 2006 Option II:as per finance bill 2007 marks will be definately allowed.
Reply
On 04 November 2007 at 09:03

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details