Cst

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kartik (Querist)
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20 June 2012 Can anyone please guide me as to whether CST is applicable by the Gujarat Government on the sale of Coated Diamonds to a client in maharashtra ? the word Coated meaning low value diamonds having value of rs 500/- per Carat .

RENGARAJ R.K

RENGARAJ R.K (Expert)
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20 June 2012 Can you please find out the rate of local VAT for coated diamonds. The CST rate is applied based on the local vat rate. If coated diamonds are 1%, then the CST is also 1%.

rengaraj .r.k

kartik

kartik (Querist)
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20 June 2012 But then is CST charged on such goods ???
vat rate is 1% .

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RENGARAJ R.K

RENGARAJ R.K (Expert)
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20 June 2012 Yes, i repeat that CST rate is same that of local Gujarat VAT rate. (especially when it is below 4%)

rengaraj r.k