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Full Syllabus Coverage of Service Tax, Central Excise, Customs, VAT and CST
Use of simple language with a clear examination focus
Recent Amendments made by Finance Act, 2014 highlighted
Recent Circulars, Notifications and Case Laws
Examples and Solved Illustrations for Crystallization of Concepts
Use of Tables and Flowcharts for Easy Understanding of Concepts
Student-friendly Presentation for Effective Learning
Chapter Overview at the begin
Central Sales Tax (CST) is levied on the interstate sale of goods. CST is one of the oldest tax levies and has been around since 1957. This law is by the Central Government but the administration is by the States.
CST levy is set at local rates. The revenue neutral rates which apply to most commodities in States goes up to 15%. The lower rate of 2% is available against Form C which can be issued by specified persons (resellers, manufacturers, processors