Currently Input of CST Purchases not available
What is cst payable?
Output CST 800
CST Payable 800
On Central Purchases,IGST(Interstate GST) Will be Charged which can be adjusted with IGST
Suppose CGST Rate is 12.5%+ SGCT Rate is 5%.
IGST Rate will be 12.5%+5%=17.5%
|PARTICULARS||CENTRAL GST||STATE GST||IGST||TOTAL GST|
Input of CST is now available which is a good step
Also there will be no problem of collecting and giving forms like C Form etc
However,tax payable under CST Against C form still appears to be less compared to IGST