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Whether CST is changed to 1% from 1st April 2009

Central sales tax rate remains at the existing notified rate until the central government formally notifies any reduction. The queried reduction in the Central Sales Tax rate has not been formally notified by the central government; the existing notified CST rate remains applicable until the government issues a formal notification of any reduction. A missed prior deadline for an earlier reduction and the ongoing electoral transition were noted as factors likely delaying announcement. (AI Summary)
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Guest on Apr 6, 2009
If you remember, the deadline of 1st April 2008 was missed to reduce the Central sales tax rate (CST) from 3% to 2%. At that time the central government was working in usual course without any disturbance. This time, due to elections, we may wish that CST rates would be reduced when the new government will take the charge and announce its policies.
KONDAL REDDY on Apr 10, 2009
Till such time the CG notifies the CST rate @1 %, The applicable rate will be very much 2%.
Harish Chander Bhatia on Apr 11, 2009
Just wait for the election to be over
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