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VAT - Highlights / Catch Notes

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Rate of central sales tax (CST) in interstate sale of Iron & ...

VAT and Sales Tax

October 25, 2013

Rate of central sales tax (CST) in interstate sale of Iron & Steel - 4% or 2% - So long as a notification under Section 8 (1) is not issued, the proviso to Section 8(1) would continue to hold the field. The proviso prescribes the rate of tax to be 4% of the turn over - HC

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