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VAT and CST (Act, Rules, Procedures, Forms, Formats, Filings, VAT entries, and overall areas) what are these?
From India, Madras
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Hi Premlatha,

Though these are not related to the HR field, it is important for any business. VAT is the hottest topic in the business world now. Even big companies are changing their strategies to get the best benefit out of this. CST is the sales tax levied by the Central Govt on goods that are sold. As advised by Ms. Swarup, you may get more details from the web.

Regards,
Sathya

From India, Madras
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Dear Premlatha,

CST is a central levy administered by the Central Government for various goods sold. On the other hand, VAT is a state tax, and the competent authority overseeing it is the State Government. VAT regulations vary across different states.

Please specify the state you are referring to.

Regards,
Byomjeet

From India, Delhi
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