Cst vs vat calculation query
bikash rai (accountant) (281 Points)
23 April 2016bikash rai (accountant) (281 Points)
23 April 2016
Harshad Kanekar
(Taxation and Accounts Executive)
(314 Points)
Replied 23 April 2016
As per My knowledge:
With C Form: Sale price would be Rs. 61,200/- (Rs. 60,000/- + 2% CST).
Without C Form (Assumed Applicable Rate 4%): Sale Price would be Rs. 62,400/- (Rs.60,000/- + 4% CST).
With C Form (Assumed Applicable Rate 1%): Sale Price would be Rs. 60,600/- (Rs. 60,000/- + 1% CST).
Please correct me if I am Wrong.
Regards
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