Hi, guys..have a doubt in tax calculation...A man who lives in Gujarat sells his goods worth Rs.1,00,000/- in Gujarat and goods worth Rs.2,00,000/- in Mumbai. Now how much VAT or CST is to be paid by him in Gujarat and Mumbai???
Menu
Cst calculation
Replies (4)
Taxable at state rate. However if C form is issued by purchaser in case of interstate sale then at state rate or 2% w.e. is lower.
I have a CST return in my hand. In that tax is charged at 14.5%. Does that mean form C is not issued?
I have a CST return in my hand. In that tax is charged at 14.5%. Does that mean form C is not issued?
Yes no C form is issued in this case.
Recent Topics :
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
Related Topics :
CAclubindia
