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CST

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Chartered Accountant
23 Points Posted on 10 February 2008

Has the CST Rate changed from 4% , if yes then for what %

& the Local sales tax for karnatka has been changed?

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On 10 February 2008 at 20:58 Report
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student
191 Points Posted on 11 February 2008
Now CST is 3%. for the financial year 2007-08.
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On 11 February 2008 at 08:56
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Addl. Manager - Corporate Acco
49 Points Posted on 11 February 2008
yes, it is 3% effective 1.4.2007 and the same will be reduced by 1% in each FY 2008-09 & 2009-10 and will be no CST from 2010-11 due to the implementation of VAT
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On 11 February 2008 at 09:01
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article
2677 Points Posted on 11 February 2008
Effective from 1 4 2007 it has become 3% and by the end of 2010 its going to get abolished..
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On 11 February 2008 at 10:01
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student
191 Points Posted on 11 February 2008
Mr Amit. whether local sales tax is 2% (please concern present CST is 3%). Is it necessary to issue C Form?
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On 11 February 2008 at 16:24
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Service
608 Points Posted on 13 February 2008
yes, you have to issue C form.
1 Reply
On 13 February 2008 at 12:34
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student
191 Points Posted on 13 February 2008
Mr. Vijay. I Think there is no need to issue C Form, whether it is applied Local sales tax (less than 3%).
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On 13 February 2008 at 16:33
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C.A.
2916 Points Posted on 14 February 2008
C form is required to be issued, if some one wants to avail concessional rates. In this case C form is not required.
7 Reply
On 14 February 2008 at 10:28


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