Please tell me what is the rate of CST for the Financial year 2010-11.
Nomula Sreenivasarao (DGM -Accounts) (163 Points)
07 April 2010Please tell me what is the rate of CST for the Financial year 2010-11.
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 ?
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.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961