in central budget 08 the proposal is that 2% cst efficative from 1-4-2008 and they also proposed up till 2010 the cst will be nil so as per my openion 2% will take effect 1-4-2008
Sir,
I am working as an accountant. I have problem that we have purchased material from ahemdabad and they have charged 5% cst rate and other party is charging 4% vat. so what will be the actual rate for the financial year 2008-2009