Dear,
in your case the person from u r buing the goods they will collect CST @ 2% or any other rate.
When u r selling within the state u will have to collect VAT.
CST paid will be your cost of goods.
so whether i have to take CST number or not?
Please advice whether i have to take CST number or not.
If u take CST No. u will be charged @ 2% after giving ur CST No.to the seller and C form at appropriate time
and if not u will be charged at the rate higher than 2% might be 5 / 5.5 /12.5% which is highest rate in that state
Yes,u have to take CST no.
If u r from Maharashtra,find the attached CST registration manual
Thank you but i am from Assam and want to bring gold item and acid for gold from other state for the local sale purpose.
CAclubindia
