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???
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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.
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