https://www.taxtmi.com/news?id=449 Central Sales Tax reduced to 2% effective 1 June 2008; for inter state sales to registered dealers against Form C the payable tax is the lower of the new CST rate and the applicable VAT or State Sales Tax. The reduction forms part of a roadmap to phase out CST ahead of GST, and compensation to States for revenue loss is limited to proportionate loss based on actual CST collections in the relevant year. en-us Fri, 30 May 2008 22:56:00 +0530 Tue, 26 Aug 2008 15:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=449 Central Sales Tax reduced to 2% effective 1 June 2008; for inter state sales to registered dealers against Form C the payable tax is the lower of the new CST rate and the applicable VAT or State Sales Tax. The reduction forms part of a roadmap to phase out CST ahead of GST, and compensation to States for revenue loss is limited to proportionate loss based on actual CST collections in the relevant year. News - Fri, 30 May 2008 22:56:00 +0530 https://www.taxtmi.com/news?id=449