1) CST – CST is a tax on sale/ purchase of goods. Credit on Sales Tax is not available. Ã Tax on purchases is added to the inventory. Also any incidental charges of purchases like freight, clearing & forwarding charges etc are to be added to the inventory. Ã Components of CST – a) CST Ã Rates of CST differ from forms to forms like Form C, Form F , Form H , Form E1. Form C is issued when – Goods are purchased\sold outside state in manufacturing, Mining etc. Rate is 2 %. Form F is issued when – There is a stock transfer between two units \ warehouses. Rate is 0% Form H is issue when – There is a Merchant Export i.e. when goods are given to a merchant for export sales purpose. Rate is 0%.
Microsoft Dynamics Ax,AIF,Axapta, Enterprise portal,,Microsoft , United State,U.S., SharePoint , BI Tools, Performance Tuning, SSRS,Business Logic,Ax ERP Errors and solution,Dynamics 365 Errors Solution,Business software .