Classification of Central Sales Tax Act
Direct Taxes Indirect Taxes
Objective of Central Sales Tax Act 1. 2. 3.
To Formulate Principle for Determining... Inter State trade or commerce Outside state Import into or Export from India To provide for levy. Provide for special Importance of declared goods.
Scheme of Central Sales Tax Act
Sales Tax Revenue to State Tax collected in the State where movement of good commences Tax on Inter Sate sale of Goods State Sale Tax law applicable in many aspects CST Act defines some concepts Revenue from CST
Differentiate between
Inter State Sale Intra State Sale
Some Changes of Amendment To CST Act Central Sale Tax rate reduced From 3% to 2% from 1/6/2008