InterviewSolution
Saved Bookmarks
InterviewSolution
| 1. |
Where Is Central Sales Tax (cst) Paid And Who Collects Them? |
|
Answer» Central Sales TAX (CST) is PAYABLE in the state where the GOODS are sold and MOVEMENT commences. The tax collected is retained by the state in which the tax is collected. CST is administered by Sales Tax AUTHORITIES of each state. Thus, the State Government Sales Tax officer who assesses and collects local (state) sales tax also assesses and collects CST. Central Sales Tax (CST) is payable in the state where the goods are sold and movement commences. The tax collected is retained by the state in which the tax is collected. CST is administered by Sales Tax authorities of each state. Thus, the State Government Sales Tax officer who assesses and collects local (state) sales tax also assesses and collects CST. |
|