Central Sales Tax, imposed by the Centre and Sales Tax, imposed by each state.Ī sales tax is a tax paid to a governing body for the sales of certain goods and services. Sales Tax is a tax, levied on the sale or purchase of goods. Thus, the State Government Sales Tax officer who assesses and collects local (state) sales tax also assesses and collects CST. CST is administered by Sales Tax authorities of each state. The tax collected is retained by the state in which the tax is collected.
Accordingly, consignments to agents or transfers of goods to branch or other offices is not a sale as per the CST ActĬST is payable in the state where the goods are sold and movement commences. Inter-state sale is when a sale or purchase constitutes movement of goods from one state to another. CST is applicable only in the case of inter-state sales and not on sales made within the state or import/export of sales. CST is charged by a registered dealer at the time of selling the goods outside state in which he is registered.Ĭentral Sales Tax (CST) is a tax on sales of goods levied by the Central Government of India. It’s used on Business ,Business Terms in IndiaĬentral Sales Tax (CST) is a form of indirect tax imposed only on goods sold from one state to another state.
WHAT IS CST FULL
The largest city in the Central Time Zone is Mexico City the Mexico City metropolitan area is the largest metropolitan area in the zone and North America.Ģ, The full form of CST is Central Sales Tax. During summer most of the zone uses daylight saving time (DST), and changes to Central Daylight Time (CDT) which is five hours behind UTC. The North American Central Time Zone ( CT) is a time zone in parts of Canada, the United States, Mexico, Central America, some Caribbean Islands, and part of the Eastern Pacific Ocean.Ĭentral Standard Time (CST) is six hours behind Coordinated Universal Time (UTC). This time zone is often called Central Time. This time zone is in use during standard time in: North America, Central America. CST is 6 hours behind Greenwich Mean Time (GMT-6).Ĭentral Standard Time (CST) is 6 hours behind Coordinated Universal Time (UTC). It’s used on Governmental ,Standards in United StatesĬentral Standard Time (CST) is the Central Time Zone of the United States of America. 1, The full form of CST is Central Standard Time.
0 kommentar(er)
