CST-13.5% & 5%
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 January 2011
Sir/Madam,
CST 5% and 13.5% where it applies and whether it is statewise or it commodity wise. If it is commodity wise for which commodity it applies. Currently i heard that CST all over india is 2% and in Banagalore then why collecting 13.5% for pharceuaticals products? Please tell me soon
CST 5% and 13.5% where it applies and whether it is statewise or it commodity wise. If it is commodity wise for which commodity it applies. Currently i heard that CST all over india is 2% and in Banagalore then why collecting 13.5% for pharceuaticals products? Please tell me soon
01 February 2011
That is not against C' Form, if C' Form applies only 2%cst.
Message likes :
1 times
02 February 2011
Under CST rule for rate of tax is very simple:
1. If inter-state sale is without C FORM then CST rate will be equal to VAT rate as applicable on that particular commodity in selling state.
2. If inter-state sale is with C FORM then rate of tax will be 2% (in some of the states rate of tax against C FORM is 1%, that is to say Himachal Pradesh, Uttarakhand and Goa (area based exemptiom))
1. If inter-state sale is without C FORM then CST rate will be equal to VAT rate as applicable on that particular commodity in selling state.
2. If inter-state sale is with C FORM then rate of tax will be 2% (in some of the states rate of tax against C FORM is 1%, that is to say Himachal Pradesh, Uttarakhand and Goa (area based exemptiom))
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
