Cst rate applicable
prasad (CA Final Bcom(Taxation) Sr Audit Team Leader ) (71 Points)
11 June 2012prasad (CA Final Bcom(Taxation) Sr Audit Team Leader ) (71 Points)
11 June 2012
Harshal Fifadra
(Chartered Accountant)
(1489 Points)
Replied 12 June 2012
Dear Prasad
Had your customer be a registered dealer it would have been an exact section 6(2) sales as per CST ACT,1956
Since your customer is URD you will have to charge the CST RATE . The CST RATE would be the rate that would have been applicable if the sale was made locally i.e if the sale of goods attracts 5% locally then CST @ 5% would be applicable ..
Ok ....
prasad
(CA Final Bcom(Taxation) Sr Audit Team Leader )
(71 Points)
Replied 13 June 2012
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