CST is levied by the Central Government on taxable turnover of inter-state sale of goods made by registered dealer in ordinary course of business. What is CST registration?Ĭentral State Tax (CST) is an indirect tax which is paid ultimately by the consumer of the product. The website allows for TIN Number search across India, displaying brief dealer information and status of the registration. You can search the TIN Number database through. What do you mean by CST?ĬST is an abbreviation for ‘Central Standard Time. The statute governing sales tax is Central Sales Tax Act, 1956. CST was collected as a percentage of the sale price of the commodity. What is the CST tax?Ĭentral Sales tax refers to the tax levied on sales generated during inter-state trade and commerce in a country. Many indirect taxes including CST are being eliminated and merged with GST. GST is charged on goods and services at the end stage of distribution of goods.
The short form of Goods and Service Tax is called GST. If you have CST number you can purchase & sale goods from one state to another at lower tax rate. What is the CST number? – Related Questions What is CST No in India?ĬST is issued by the Commercial Taxes Department to an applicant under the CST Act. The revenue collected as Value Added Tax VAT is meant for central government. For example, if sale of goods is moved from Mumbai to Bangalore, CST is levied. What is CST with example? CST is levied when the goods are transferred or at the time of generating invoice whichever is earlier. TIN number is used to identify dealers who are registered under VAT and it is also used for interstate sales done between two or more states. What is CST TIN number? TIN Number is expanded as Tax Payer Identification Number and is also know as VAT Number or CST Number or Sales Tax Number. Any goods or services provided between the state is Central Sales Tax (CST). The Value Added Tax (VAT) applies to goods or services provided within the state.
#WHAT IS CST REGISTRATION#
Is VAT and CST number same? VAT and CST registration apply to all companies providing goods and/or services in India. What is the CST number? Central Sales Tax Number (CST)ĬST is issued by the Commercial Taxes Department to an applicant under the CST Act.