abhishreshthaa
New member
Rate of Tax: -
The declared goods are those goods considered to be for special importance under the provision of CST act. The rate of tax is governed by CST act.
Accordingly it would be 4%. It can be taxed at more than one point of sale. This is permitted, pursuant to the amendment in CST act made by the finance act2002.
The tax liability on packing materials is same as under sales tax laws. Accordingly, the packing materials would be liable to tax at the same rate at which the contents are taxed.
The declared goods are those goods considered to be for special importance under the provision of CST act. The rate of tax is governed by CST act.
Accordingly it would be 4%. It can be taxed at more than one point of sale. This is permitted, pursuant to the amendment in CST act made by the finance act2002.
The tax liability on packing materials is same as under sales tax laws. Accordingly, the packing materials would be liable to tax at the same rate at which the contents are taxed.