Jaydeep Parakh (Accounts Manager) (167 Points)
12 May 2010Deal all,
I have one query ,if i sale outside maharashtra without C form which tax rate is applicable .12.5% vat Or 12.5% cst .
Please reply me.
Jaydeep
Kaushik
(Professional)
(549 Points)
Replied 13 May 2010
Local Vat rate.
i.e. If product vat rate within state is 5% then oms sale without c form will be 5% CST.
If product vat rate within state is 12.50% then oms sale without c form will be 12.50% CST.
Arun Dhawan
(Student)
(65 Points)
Replied 13 May 2010
dear all
totally agree with kaushik
Our CST rate (with 'C' form) is totally depended upon our local market rates..
Arun
Devinder Jain
(Tax Practioner)
(914 Points)
Replied 13 May 2010
The correct position can be summarised as in the absence of 'C' form the inter-state transactions are subject to Local Rate of Tax,what ever it may be.
Devinder Jain, Vat Consultant, Delhi
9810272568
Manoj Kumar
(Accountant)
(101 Points)
Replied 15 May 2010
In simple manner which ever tax is higher i.e. local or cst will be charged for sales without c form and this is also written in PVAT Act 2005
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
CAclubindia
