Cst

This query is : Resolved

Report Abuse Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

26 April 2012 WHAT IS CST AND VAT? WHAT ARE THE CURRENT RATE OF CST??

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
Follow

26 April 2012 CST is central sales tax which is charged when interstate purchase or sales happens

VAT is value added tax which is also called as state vat which is charged when local(state) taxable transaction happens

CST rate is 2% with C Form and without C form Local vat will application