« Sales Tax » Open DEMAT Account in 24 hrs  Using Section 10(14)(i) in ITR to Save Tax? Salaried Taxpayers Must Know the Rules, Eligibility and Misuse Risks  Form 16 delayed, Income tax filing due date extended and more New ITR filing deadlines  Selling inherited gold? Income tax rules you should know  How do you decide capital gains tax on property sale?  How is long-term capital gains tax on sale of property calculated  GST dept probe on Mismatch in Sales Tax Return and E-Way Bill  Clarification on Cash sale of agricultural produce by Cultivators/Agriculturists  Short-term capital gains are taxable at income tax slab rates in the year of sale  India imposes regressive nationwide sales tax  Modification of Circular No.1 of 2014 in view of substitution of Service Tax by Goods and Services Tax (GST).  Assam government to dismantle all sales tax check-gates post Goods and Services Tax «  Jet, Kingfisher hike fuel surcharge by Rs 550... Budget 2008-09 - Sin Tax Reversed... » India cuts central sales tax to 2% from June 1 June, 02nd 2008 The government on Friday reduced the central sales tax (CST) rate to 2.0 percent on inter-state sale of goods from June 1, in line with the finance minister's February budget announcement. The new rate will replace the 3.0 percent charged earlier, a finance ministry statement said. It said the new CST on inter-state sale of goods to registered dealers would now be the lower 2.0 percent plus the rate of value-added tax or state sale taxes as applicable. The reduction forms part of the roadmap for phasing out CST completely by March 31, 2010.