04 January 2014
1% CST is payable in interstate sale when the local rate of tax on the commodity is 1% only. No C form required for this transaction. Similarly, when the local rate of VAT is 2% only in interstate sale also the same rate will be applicable w/o C form. When the local rate is higher than 2%, and a C form can be issued,then also 2% can be charged in a CST sale....mjk
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