Dear Sir,
iam working in beverages company in andhra. Here vat rate for packaged drinking water is 14.5%. And if i want to sell my product out of my state to tot dealer, then how much cst can i charge?
RAJU
(LEARNER)
(1089 Points)
Replied 04 April 2015
Local VAT rate, that is, 14.5% would be applicable for CST Sales as well. If the buyer is able to issue Form-C, rate of CST would be 2%.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961