C.S.T QUERY

Jeet Biswas (ACMA (in Service)) (5073 Points)

23 October 2007   
 

FOR NOV 2007 PE2 Exam,

Which rate of CST r u guys following?

The Old rate of 4% or the new rate(w.e.f. 01.04.07) of 3%.

Also, are the changes made in respect to sales made to Govt(as notified in the RTP), applicable in this term? viz.

(1) No CST exemption in respect of subsequent sale to Government

(2) Concessional rate of tax not applicable on inter-State sale to Government

PLS HELP,

THANKS.