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Sales Tax-VAT-CST

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..... Sir, What is the difference between sales tax, VAT, CST. My employer company is a manufacturer of garments. If we sell the garments then what kind of tax is applicable for us? Please tell me about the rates and taxes, if we sell the garments in Delhi and outside Delhi. - Reply By Pradeep Khatri - The Reply = Sales Tax, VAT and CST all these taxes are leviable on Sales of goods either within .....

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..... state or interstate. Sales tax is no more in existence. VAT is leviable with in the state which CST is leviable on insterstate sales. VAT and CST can be varied from 5% to 14%. - Reply By Dharmnath Avhad - The Reply = There is no difference between sales tax and Vat. vat is a system where sales tax is levied on added value. Consttutionally, it is asales tax. Most of the states adapted the sys .....

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..... tem of taxing the added value by each transaction ,after 1-4-05. which is called vat CSt means CENTRAL SALES TAX levied on inter state sales.If it is against C form rate of tax, presently is 2 %. if it is without C form, it equal to local rate applicable in respective state. For rates you can go to vat sites of respective state, go to SCHEDULE AND SEE THE RATES.It is difficult to tell you rate .....

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..... s of all states india as they very from state to state regards DHARMNATH AVHAD - Sales Tax-VAT-CST - Query Started By: - Bhawna Lakhmani Dated:- 22-9-2011 Value Added Tax - VAT-CST - Got 2 Replies - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI .....

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..... - TaxTMI - TMITax .....

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