INCOME TAX MATTERS ( A monthly journal on - Income tax and wealth tax- since 1999) - ( subscription for the year 2012 (TWO VOLUMES) is only Rs. 2200/-) - For subcription and to Know more click here

Notifications, Circulars, etc.- relating to VAT - (Value Added Tax), entry tax, etc.

9. Central Sales Tax (CST) reduced to 2% from 1st June, 2008. - DATED 30-5-2008

NOTIFICATION NO. S.O. 1277(E), DATED 30-5-2008

            In exercise of the powers conferred by the proviso to sub-section (1) of section 8 of the Central Sales Tax Act, 1956 (74 of 1956), the Central Government hereby reduces the rate of tax as specified in sub-section (1) of section 8 of the said Act from three per cent to two per cent with effect from 1st June, 2008.

[No. 1/2008-CST-F.No. 28/11/2007-ST]