23 October 2007
For November 2007 Exam(PE-II) of group2 whether VAT is applicable in the paper INCOME TAX & CENTRAL SALES TAX or not since it is heard by me that some small question can come for 10 or some marks though Income tax consists of 75 marks & CST consists of 25 marks
23 October 2007
DIPTIJI, PL. DO NOT GO PLEASE BY SUCH HEARSAY. SALES TAX IS RPLACED BY VAT. CST IN VATREGIME IS ALREADY REDUCED FROM 4 %TO 3% AND IS IN FOR GRADUAL PHASE OUT. PL. PREPARE YOURSELF FOR VAT ALSO.IT IS ONLY NEW NAME FOR SALES TAX R.V.RAO
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