31 May 2008
Thanks for your reply !! I have ready in todays newspaper also that CST will be reduced to 2 % w.e.f 1st june 2008. Please keep update on this issue..
It is now cleared from the below mentioned notification that CST rate has been reduced to 2 % w.e.f. 01.06.08. Finance Department, Government of India Notification No.1/2008-CST-F.No.8/11/2007-ST dated May 30, 2008.
13 January 2014
CENTRAL SALES TAX (CST) REDUCED TO 2% FROM 3% WITH EFFECT FROM 1ST JUNE, 2008 NOTIFICATION NO. S.O. 1277(E), DATED 30.05.2008
In exercise of the powers conferred by the proviso to sub-section (1) of section 8 of the Central Sales Tax Act, 1956 (74 of 1956), the Central Government hereby reduces the rate of tax as specified in sub-section (1) of section 8 of the said Act from three per cent to two per cent with effect from 1st June, 2008. [No. 1/2008-CST-F.No. 28/11/2007-ST]