Table of Contents
Which sales are exempted from CST?
Central Sales Tax Exemptions No CST is to be paid if goods are returned within 180 days. CST is exempted in cases when a sale within a particular state is exempt. Any sale to SEZs and foreign missions are exempt from CST.
Is CST still applicable after GST?
CST was collected as a percentage of the sale price of the commodity. The statute governing sales tax is Central Sales Tax Act, 1956. But this tax is no longer in force in the territory of India. Sales Tax has been replaced by the Goods and Services Tax (GST) starting 1 July 2017.
Is registration of dealers under CST Act compulsory?
PROCEDURE: Every dealer who effects inter-state sale is required to register with State sales tax authorities who are empowered to grant registration under CST Act. Application should be in form ‘A’.
What is CST tax rate?
CST – Form C Under CST regulations, tax liability on inter-state sales is 2% or the rate of tax for sale within State, whichever is lower, provided the sale is effected between a registered dealer and a registered purchasing dealer.
Is CST applicable in India?
Central Sales Tax (CST) is a tax on sales of goods levied by the Central Government of India. CST is applicable only in the case of inter-state sales and not on sales made within the state or import/export of sales. CST is payable in the state where the goods are sold and movement commences.
What is CST VAT certificate?
VAT and CST registration apply to all companies providing goods and/or services in India. The Value Added Tax (VAT) applies to goods or services provided within the state. Any goods or services provided between the state is Central Sales Tax (CST).
How do you calculate CST?
(i) CST payable will be 3%. (ii) CST payable will be 12.5%, since C form is not furnished by buyer….
| Net Sales Rs. | Sales Tax Rate | Sales tax Payable |
|---|---|---|
| 89,80,000 | 3% | 2,69,400 |
| 1,20,000 | 12.5% | 15,000 |
| 58,65,000 | 2% | 1,17,300 |
| Total Sales Tax | 4,01,700 |
What is CST No in India?
Central Sales Tax Number (CST) CST is issued by the Commercial Taxes Department to an applicant under the CST Act. If you have CST number you can purchase & sale goods from one state to another at lower tax rate.
What is meant by CST tax?
Central Sales Tax or CST is imposed on sale or purchase of goods occurring the the course of inter-state trade or commerce. Value Added Tax (VAT) is applicable on purchase or sale of goods within a state, whereas CST is levied on interstate purchase or sale of goods.
What is the jurisdiction of GST in Uttarakhand?
Home / Jurisdiction of Central GST Uttarakhand is one of the fastest growing states of india. The Central Goods and Service Tax Commissionerate at Dehradun has jurisdiction over entire state of Uttarakhand and it comprises of seven Divisions located at Dehradun, Haridwar, Roorkee, Rishikesh, Haldwani, Kashipur, & Rudrapur and 35 Ranges.
How many ranges have been formed under GST in India?
Three new Divisions namely Rishikesh, Kashipur and Rudrapur and 13 new Ranges have been formed in GST regime.
What is Safai Vyavastha in GST Uttarakhand?
The Uttarakhand Goods & Services Tax (Third Amendment) Rules, 2018. Advertisement for – Maintenance of cleanliness and sanitation ( Safai vyavastha) of Office of Commissioner, State Tax Uttarakhand. Notification no. 531 dated 20/06/2017- regarding Tax on intra-state supplies to be paid by the electronic commerce operator, under SGST.
Where is The CGST office in Dehradun?
The Central Goods and Service Tax Commissionerate office is located at ‘E’ Block, Nehru Colony, Haridwar Road, Dehradun and CGST Dehradun is headed by the Commissioner and he is currently assisted by a Joint Commissioner and Deputy /Assistant Commissioners. The CGST Dehradun is divided into Garwal and Kumaon Zones/Regions.