What is the cst rate applicable currently

No notification has yet been issued for 2% CST and the rate so applicable now is 3% as it was charged the FY 07-08 only

Till the notification of CST @ 2% passed in the Finance Bill comes out , till such time CST will be applicable @ 3%.

From MAy 10, 2008 onwards, its 2%

currently its 3%

No.CST-1007/1/Adm-3/Adm-5

Trade Cir. No.14 T of 2008
Mumbai, Dt.15.04.2008



Sub: Rate of tax under Central Sales Tax Act, 1956 from 1.4.2008.


Gentlemen/Sir/Madam,

In his speech on the Budget Estimates the Hon’ ble Union Finance Minister has declared that the rate of Central Sales Tax will be reduced from 3% to 2% from w.e.f. 1st April 2008. However, the Notification regarding reducing the rate of tax from 3% to 2% has not been issued so far by the Union Government. Therefore, rate of tax under Central Sales Tax continues to be 3%. It is hereby made clear that dealers should continue to collect and pay Central Sales Tax @ 3% on their inter-state sales from 1st April 2008. Any change in the applicable rate will be brought to the notice of the trade.

 

notification of Central sales tax applicable from 3% to 2%

What is the expected date for Government of India's Notification for change in the rates of CST from 3% to 2%

R Sir

Kindly provide us rate of CST and Notification reduce of CST

thanking you.

rakesh agrawal

respected sir,

kindly provide us rate of CST & notification reduce of CST

with regards

m k saxena

rate reduced to 2% w.e.f 1st June,2008.for copy of notification go to taxindiaonline.com or stvat.com.

regards

sunil

requirement ---the notifiaction/Bill of cst 2% w.e.f. 1.02.2008

requirement ---the notifiaction/Bill of cst 2% w.e.f. 1.02.2008