Sales tax assessment

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 December 2011 Under KVAT it is self assessment.Under CST Act for CST sales should we voluntarily get CST Assessment done with sales tax department.

MJ Krishnamurthy

MJ Krishnamurthy (Expert)
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29 December 2011 Mr Author,
There is no seperate assessment for the CST sales. It is declared along with VAT turnover in form VAT 100 and treated similarly. No such voluntarily assessment is done in the department of commercial taxes. Selective assessment is done on assignment basis.Otherwise it automatic self assessment like VAT.