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Effective date, Service Tax |
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Effective date |
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WHETHER CST 2% IS EFFECTIVE FROM 11TH MAY 2008 OR NOT? Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
The reduction in CST Rate is to be made by way of specific notification and so far no such notification is issued to reduce the rate to 2% as specified in the Budget Speech. So the rate remains so far at 3%. The enactment of Finance Bill 2008 from 10.5.2008 has no relation to this and there is no proposal in the Finance Bill in this regard.
CST 2% is effective from 01 Jun 08
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