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 Government extends sale of pre-GST goods with stickers of revised price till July 31

CST ceiling rate cut notified
March, 31st 2007
The Finance Ministry has announced that the ceiling rate on central sales tax (CST) would stand reduced from 4 per cent to 3 per cent from April 1.

The revenue department has now issued a notification to this effect.

An official release said that the rate of CST on inter-State sale to registered dealers (against Form C) would stand reduced from 4 per cent to 3 per cent or the rate of VAT/State sales tax applicable in the State of the selling dealer, whichever is lower.

The rate of CST on inter-State sale other than sale to registered dealers shall be the rate of VAT/State sales tax applicable in the State of the selling dealer.

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