C.S.T QUERY

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ACMA (in Service)
3921 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.
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On 23 October 2007 at 10:51 Report
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student
63 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.
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On 23 October 2007 at 18:21
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ACMA (in Service)
3921 Points Posted on 24 October 2007
PLS help guys!!!! Doesnt any1 hav any idea ?
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On 24 October 2007 at 08:45
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student
50 Points Posted on 24 October 2007
Jeet, even I have the same query. Pls somebody help.
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On 24 October 2007 at 09:06
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Guest

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

Posted on 25 October 2007
4%.no doubt.
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On 25 October 2007 at 19:28
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student
63 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.
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On 25 October 2007 at 20:15
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article
448 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.
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On 04 November 2007 at 09:03

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