CST CALARIFICATION

3178 views 6 replies

 

Dear Sir,

My Friend wants to apply for VAT in Tamil nadu, should he apply for CST also now?. He is doing a whole sale business in chennai.

Or is there no CST at all now?

Could you clarify this.

Thanks & Regards,

Kumaresan,

Chennai.

Replies (6)
Originally posted by :kumaresan
"  
Dear Sir,
My Friend wants to apply for VAT in Tamil nadu, should he apply for CST also now?. He is doing a whole sale business in chennai.
Or is there no CST at all now?
Could you clarify this.
Thanks & Regards,
Kumaresan,
Chennai.
"


 

CST is optional, if any one wants to  purchase/sales as interstate than it will be benificial to obtain CST registration to avail concessional rate of tax, for further clarification in details u may contact me at my  email id sunil_tax2003 @ yahoo.co.in

CST registration is must for Inter State sales. For interstate piurchases, it is also required to enable some one to purchase goods at concessional rate of taxes.

Dear Friend,

In case a person wants to limit its business within the State of TamilNadu than he is not supposed to apply for CST Number, but if wants to deal (sale or purchsae or otherwise) in goods also outside state of Tamilnadu than yes he has to apply for CST registration along with Local VAT.

For longterms business sense it is prodent to have the CST registration loang-with VAT, your friend will be free to purchase or sell or other dela in the goods outside the state.

I am making invoice from Mumbai, material supply to Mundra Port which is setuiated at SEZ area, will CST is applicable to that supply?

Originally posted by :kumaresan
"  
Kumaresan,
Chennai.
"


 

cst number is compulsory for interstate sale.if your sales are local base then CST is not compulsory.but if you want  to purchase outside the state and issue c form for that,then you must have to take CST no.

Originally posted by :vijay chowdhery
"

Dear Friends,

Our business took place all our india, our register under Local sale tax(VAT) all over the state but cst registration done only in Head office(Chennai).  I want to know about whether  Cst register all over the india and get Individual State vise Cst No.

Thanks & Regards

Shyam 

 

"


 


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