07 February 2016
sir i want to know that if any product are exempt in gujarat but it will chargeble in any state like delhi so i sale the product to delhi how much charge tax ??? for the same ?? is cst are applied all over india same rate or different state wise
07 February 2016
Against Interstate transactions, rates applicable on TO of sale is as applicable in state and against c form @2%. As the sales are exempt in Gujrat & not liable for tax, same will be exempt under CST. On issue - Judgement in case of Bashir Oil Mill ( Bombay H C).
CAclubindia
