CST is an abbreviation for "Central Sales Tax."
The inter-state form of sales tax refers to the tax levied on the sale of goods when transactions occur between different states, primarily governed by the Central Sales Tax Act in India. Unlike state sales tax, which is imposed by individual states on sales within their borders, the inter-state sales tax facilitates the taxation of goods that move across state lines, ensuring revenue for the exporting state. In contrast, income tax is a direct tax on an individual's or corporation's earnings, imposed by both central and state governments, with rates and regulations varying by jurisdiction. Both taxes are crucial for generating revenue but serve different purposes within the tax structure.
sales tax sales tax!
Sales Tax / Sales Tax Rate = Gross Sale
If an item costs $1,075.00 and the value of the sales tax is $43.00, the percentage of sales tax is 4%
current rate of central sales tax(CST) is 2% against "C" form issued by the sales tax authority of the buyers state
2%
i think 2.5%
18%
CST is an abbreviation for "Central Sales Tax."
The CST number, or Central Sales Tax number, is a unique identifier assigned to businesses that engage in inter-state sales of goods in India. It is used for the collection and payment of Central Sales Tax, which is levied by the central government on sales of goods between states. Businesses need to obtain a CST number to comply with tax regulations and facilitate smooth interstate trade. The CST number is crucial for filing tax returns and maintaining proper tax records.
It is assumed that the objective of value added Tax is to replace a complex sales tax regime with a simpler tax a percentage imposed on all goods sold.
14.5%
difference between sales objectives and commuicatio objectives?
Sales objectives focus on sales. Communication objectives are goals the organization have for effective communication. Good communication can increase sales goals.
It is 5.5% at present Aug 2012
4%