What is current CST rate?
Menu
Cst rate
Replies (2)
the current CST rate = 2%
Sir,
According to Sec 8 of the CST Act, rate of tax against C form declaration is 2% or rate applicable on those goods in the appropriate State whichever is less. If the rate of tax under the State law is 1%, CST rate will be 1%. Similarly if the State rate is 5% or 14.5%, in the absence of C form CST rate will be 5% or 14.5% and it is 2% against C form.
Thank you.
Recent Topics :
- Report in GSTR 1 ( Credit Note ) for Wrong GST Rat
- Reply of summons issued under section 70 of the cg
- How to Bulk GSTIN Number Verify and Validation
- OPC Annual Filing Defaults – Need Guidance t
- OPC Annual Filing Defaults – Need Guidance t
- FCGPR of a past period
- Discuss and Download CA Final Question Paper Nov 2
- Does Parag gupta's booster batch good for CA Inter
- Police Bandobost and GST Invoice
- Understanding where manual effort goes in audit wo
Related Topics :
CAclubindia
