c7831887

 Profile Answers by c7831887 

• Jul 15th, 2009

 

In India, the word CST represents Central Sales Tax for sending goods to interstates & the word GST represents General Sales Tax for sending goods within the state.  The CST & GST Nos. will be allotted to every trader/manufacturer by respective State Commercial Tax Offices where the trader is located.  For example, one person is selling some goods to some buyer within state, he should mention the GST No. in dispatching documents.  Likewise, the CST No. should be mentioned in dispatching documents when interstate transactions happened.  The Rate of tax will vary depending on the commodities sent. Now, VAT is introduced almost in all states of India.

goelshikha2001

 Profile Answers by goelshikha2001 

• Aug 8th, 2009

 

CST is central sales tax and GST is goods and service tax.

Ankur

• Aug 27th, 2015

 

When we send goods from interstate apply only CST & when we send goods within state apply only GST

Vikas Abrol

• Dec 10th, 2016

 

What should I opt for? A TIN number or should I get GST number if I am new for it?

Manjunath

• Dec 28th, 2016

 

When we are selling goods to another state, CST is applicable
GST is applicable all over India and same VAT rate will be applicable

nave een

• Feb 21st, 2017

 

CST (Central Sales Tax) is a form of indirect tax imposed only on goods sold from one state to another state, which particularly takes into account that the buyer and the seller needs to be in two different states.

Goods and Services Tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption. The tax is levied to provide revenue for the federal government. The GST is paid by consumers, but it is levied and remitted to the government by businesses selling the goods and services.

Thanks
Naven,