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Scrap Sales to Other State

Lava Kumar

Good Evening

We have selling the Iron & Metal Scrap from Chennai to Other States'

What is the Percentage (TNVAT) VAT 5% or CST 5 % (Without C Form)

Iron and Metal Scrap Sales Tax Clarified: CST at 5% Applies for Inter-state Transactions Without C Form A query was raised regarding the applicable tax rate for selling iron and metal scrap from Chennai to other states. The question was whether the tax should be 5% under Tamil Nadu Value Added Tax (TNVAT) or 5% under Central Sales Tax (CST) without a C Form. The response clarified that CST is the correct applicable tax. (AI Summary)
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