Ashim kr Ray (social service) (1695 Points)
13 June 2016
subhash kumar jha
(PROFESSION)
(445 Points)
Replied 13 June 2016
Dear,
in your case the person from u r buing the goods they will collect CST @ 2% or any other rate.
When u r selling within the state u will have to collect VAT.
CST paid will be your cost of goods.
Ashim kr Ray
(social service)
(1695 Points)
Replied 13 June 2016
so whether i have to take CST number or not?
Ashim kr Ray
(social service)
(1695 Points)
Replied 14 June 2016
Please advice whether i have to take CST number or not.
Sheetal Jain
(.)
(894 Points)
Replied 14 June 2016
If u take CST No. u will be charged @ 2% after giving ur CST No.to the seller and C form at appropriate time
and if not u will be charged at the rate higher than 2% might be 5 / 5.5 /12.5% which is highest rate in that state
Lalit Singh
(accounts manager)
(29 Points)
Replied 14 June 2016
Sheetal Jain
(.)
(894 Points)
Replied 14 June 2016
Yes,u have to take CST no.
If u r from Maharashtra,find the attached CST registration manual
Ashim kr Ray
(social service)
(1695 Points)
Replied 15 June 2016
Thank you but i am from Assam and want to bring gold item and acid for gold from other state for the local sale purpose.
CAclubindia
