CST & VAT
This query is : Resolved
15 September 2010
WHAT IS THE DIFFERENCE BETWEEN CST AND VAT?
DO WE GET CREDIT FOR CST IN VAT?
WHAT ARE THE VARIOUS RATES APPLICABLE IN BOTH THE CASES..?
ALSO WHAT EXACTLY DOES FORM C SHOWS?
DO WE GET CREDIT FOR CST IN VAT?
WHAT ARE THE VARIOUS RATES APPLICABLE IN BOTH THE CASES..?
ALSO WHAT EXACTLY DOES FORM C SHOWS?
15 September 2010
VAT is the sales tax on intra state purchase and sale (which is with in the state)
CST- is the sales tax on inter state purchase and sales( which is outside the state)
CST present rate is 2% and VAT is based on state VAT act, generally VAT is 5 % or 13.50%
C form is the form issued by purchaser for getting 2 % rate OF CST
CST- is the sales tax on inter state purchase and sales( which is outside the state)
CST present rate is 2% and VAT is based on state VAT act, generally VAT is 5 % or 13.50%
C form is the form issued by purchaser for getting 2 % rate OF CST
15 September 2010
credit of CST in VAT is not available
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 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
- Should I report my US salary for January, February, March in Schedule FA?
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- 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 Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
CAclubindia
