Rate of CST

Nomula Sreenivasarao (DGM -Accounts) (163 Points)

07 April 2010

Please tell me what is the rate of CST for the Financial year 2010-11.

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4 Replies

CA KHAN AURANGZAIB (ERP FINANCIAL CONSULTANT) (85 Points)
Replied 07 April 2010

Rate of CST is only == 2%,

However in some state govt. by way of notification exempt the above rate by 1%.

Like in state of Himanchal CST rate is 1 %

Pramod (Sr. Executive - Accounts) (23 Points)
Replied 08 April 2010

Dear Sir,

I want to know the CST rate for the F.Y 2010-11.

And is the surcharge applicable in CST ?

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sajid (Auditor) (214 Points)
Replied 15 April 2010

Rate of CST = 2% (If Form C is provided) otherwise

Rate of CST = 4%.

please check with authorities

subramanya (Professional) (907 Points)
Replied 16 April 2010

Originally posted by : Pramod
	Dear Sir, I want to know the CST rate for the F.Y 2010-11. And is the surcharge applicable in CST ?

Dear Pramod,

When the goods are sold against Form C - 2%

If it is not against Form C, local rates are applicable like 4%, 5%, 12.5%,20% etc., depending on the individual states.

With regard to Surcharge on CST, you should be more specific with regard to State.....

For example, In Punjab and Haryana - Surcharge on VAT is appilcable only for Local Sales,

However, incase of Gujarat Additional tax is applicable on Interstate Sales also..

Subramanya.

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