What is CST RATE in karnataka?

Answer 1

CST, or Central Sales Tax, in Karnataka is a tax levied on the sale of goods that occur in the course of inter-state trade or commerce. The rate of CST in Karnataka is generally set at 2% on the turnover of sales, provided the goods are covered under the Central Sales Tax Act. However, businesses must adhere to specific registration and compliance requirements to collect and remit this tax. As of my last update, it's important to check for any changes in rates or regulations with the Karnataka government or relevant authorities.