NOTIFICATION OF CST 3% TO 2%

Page no : 9

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CST NOTIFICATION OF 2% FROM 3% W.E.F. 1.6.2008

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CST NOTIFICATION OF 2% FROM 3% W.E.F. 1.6.2008

(Guest)

need copy of notification issued by Union government towards cst reduced to 2% from 3%

(Guest)

What is the notification no. for CST 2% ?

(Guest)

We hear that the notification no. 1/2008 lowering CST to 2% has been withdrawn. Is it correct?

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(Guest)

We hear that the notification no. 1/2008 lowering CST to 2% has been withdrawn. Is it correct?

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

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 BUt we hear that this has either been withdrawn or implementation has been put off for the moment.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!

(Guest)

Please send us the notification copy of CST changed

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.

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(Guest)

dear sir

kindly let us know weather we should rely on the reduced notification or any other in punjab as no notification has been issued till date for reduction of c.s.t by punjab govt.