CENTRAL SALES TAX (CST) REDUCED TO 3% FROM 1ST APRIL, 2007

The provisions of Taxation Law (Amendment) Act, 2007 shall be effective from 1-4-2007.

Text of Notification and press release is given below.

MINISTRY OF FINANCE

( Department of Revenue)

Notification No 1/2007-CST., Dated: March 29, 2007

S.O. 464(E)- In exercise of the powers conferred by sub-section (2) of section 1 of the Taxation Laws (Amendment) Act, 2007(16 of 2007), the Central Government hereby appoints the 1st day of April, 2007, as the date on which the said Act shall come into force.

F.No.34/135/2005-ST

R G CHHABRA Under Secy