CENTAL SALES TAX

it will be 1% in order to implement GST.

WHEN GST WILL BE INTRODUCED THE CST WILL BE SCRAPPED BUT IT WILL BE IN 2010.

IN 2009-10 THE RATE OF CST WILL BE REDUCED FURTHER TO MAKE IT 1 PERCENT BUT IT WILL NOT BE FROM 1ST. APRIL 2009 BUT FROM THE DATE WHICH WILL BE NOTIFIED BY THE CENTRAL GOVERNMENT.

IN 2008-09 THE RATE WAS REDUCED FROM 3% TO 2% AND IT WAS DONE AFTER LONG DELIBERATION WITH THE SATES AND THE EFFECTIVE DATE WAS 1ST. JUNE 2008.

it will be 1%