Reduced rate of CST would be effective from 1-5-2008 https://www.taxtmi.com/news?id=350 Announcement that the Central Sales Tax rate would be reduced has produced compliance uncertainty because no formal notification has been issued. The Finance Minister's parliamentary statement and subsequent intergovernmental discussions on compensation and an expected effective date prompted many traders to charge the lower rate, creating risk of future assessments or penalties absent official clarification. en-us Wed, 09 Apr 2008 18:18:00 +0530 Mon, 23 Jun 2008 18:41:00 +0530 TaxTMI RSS Generator Reduced rate of CST would be effective from 1-5-2008 https://www.taxtmi.com/news?id=350 Announcement that the Central Sales Tax rate would be reduced has produced compliance uncertainty because no formal notification has been issued. The Finance Minister's parliamentary statement and subsequent intergovernmental discussions on compensation and an expected effective date prompted many traders to charge the lower rate, creating risk of future assessments or penalties absent official clarification. News - Wed, 09 Apr 2008 18:18:00 +0530 https://www.taxtmi.com/news?id=350