CST NOTIFICATION OF 2% FROM 3% W.E.F. 1.6.2008
NOTIFICATION OF CST 3% TO 2%
Page no : 9
CA. BIJENDER KR. BANSAL
(ACA, B.COM)
(8148 Points)
Replied 02 June 2008
NOTIFICATION No. 1/2008-CST
New Delhi, Dated: May 30, 2008
S.O…(E) In exercise of the powers conferred by the proviso to sub-section (1) of section (8) of the Central Sales Tax Act, 1956 (74 of 1956), the Central Government hereby reduces the rate of tax as specified in sub-section (1) of section 8 of the said Act from three per cent to two per cent with effect from 1st June, 2008.
[No. 1/2008-CST-F.No.28/1 1/2007-ST]
(R.G. Chhabra)
Under Secretary to Government of India
Under Secretary to Government of India
Vivek Gupta
(Service)
(24 Points)
Replied 02 June 2008
Yes, we saw this notification as well as press release dtd 1st June. BUt we hear that this has either been withdrawn or implementation has been put off for the moment. Can you pls advise on this? Thanx!
sunil
(333 Points)
Replied 02 June 2008
As there is no withdrawls notification, we should rely on issued notification only. so, rate of CST is 2% W.E.F. 1.6.2008.
amit agrawal
(ca final student)
(20 Points)
Replied 02 June 2008
notification no.1/2008-CST
Fno.28/11/2007-ST
(Guest)
PLEASE PROVIDE THE NOTIFICATION OF REVISE CST RATE FROM 3% TO 2% ON MY MAIL ID. mkverma @ mundra.adaniwilmar.in
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