What is the rate for without C-form, VAT + CST

[Mathurthi RamKumar]

Dear All,

Good Morning and Greetings...

Kindly clarify my doubt. If a item have local tax (VAT) @5% , what is the rate for CST if this item sold to other state without C-form.

Regards

M.RamKumar

Posts / Replies

[Pradeep Khatri]

Dear Mathurthi Ramkumar,

The tax rate under CST Act, 1956 duly governs by the tax rate of any item under the State's VAT Laws. Hence, you would have to charge CST @ 5% on sale of such items.

Regards

YAGAY and SUN

(Management and Indirect Tax Consultants)

[KAMARAJ RENGARAJ]

Dear Sir,

Yes it is 5% CST for interstate sale without C form when the local rate of vat is 5%. Please remember that when CST sale is effected without Form, you will have to reverse the ITC availed proportionately according to your state VAT Act.

regards,

rengaraj r.k

advocate