Central
Sales Tax (CST)
Interstate sales and purchases in India
attract a federal sales tax (central sales
tax, CST). A reduced rate of CST is applicable
as well, generally for trade or as raw materials,
which then require that certain documents,
called forms, exchange hands.
Tally.ERP 9 supports these
requirements:
• Inter-State sales against
'C' form
• Transit sales against 'E – I' and 'E –
II' forms
• Branch transfers / Consignment sales against
'F' form
• Sales to SEZ units against Form I
• Foreign diplomats against Form J
• Deemed exports against Form H
• Interstate purchase transactions
• Inter-State sales of exempt goods
• Sale in the course of import
Required CST reports are
available:
• CST computation
• CST returns & annexure
For control and reporting
these reports are available:
• Forms Issuable
• Forms Receivable
You can send reminder letters
to your customers asking for forms not yet
received from them, as well as create covering
letters to send along with forms to your
suppliers.Combined with TDS, TCS, VAT, FBT,
Service Tax, Excise for Dealers, Excise
for Manufacturers and others, Tally.ERP
9 comes with complete statutory taxation
coverage.
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