CST % for the current year

This query is : Resolved

Monil Shah (Querist)
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26 May 2008 There was an amendment made in Finance Act 2008 for CST.The same is approved with some modification on 10 may 2008.

What is CST % for the year?

Wheteher it 3 or 2%?

CA. Vineet Grover

CA. Vineet Grover (Expert)
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26 May 2008 Hi Monil,

The CST rate is 2% as amended in the Finance Bill.

Rgds/
Vineet

CA. Vineet Grover

CA. Vineet Grover (Expert)
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26 May 2008 Hi Monil,

As quoted from the budget, CST and a Roadmap towards GST:

Central Sales Tax rate being reduced from 3 per cent to 2 per cent from
April 1, 2008.

Rgds/
VIneet

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Shyam Lal Naik

Shyam Lal Naik (Expert)
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26 May 2008 The CST rate is proposed to be reduced by way of a notification. The notification is yet to be issued.

The CST rate(against Form C) is 3%.