Central sales tax

 10. What do you mean by central sales tax?

Central Sales Tax (CST) was a tax applied on the sale of goods between different states in India. It was governed by the Central Sales Tax Act of 1956. The central government set the rules, but individual state governments collected and kept the revenue. [1, 2, 3, 4, 5]

CST applied to inter-state sales (when goods moved from one state to another). It did not apply to sales made within a single state or to imports and exports. [3, 4]

Businesses used CST when selling products to buyers in other states. Since July 1, 2017, CST has been replaced by the Goods and Services Tax (GST). GST streamlined this system. [2, 6]

To learn more about the tax structures that replaced CST, you can visit the ClearTax Overview or the Department of Revenue Introduction.

[1] https://www.dor.gov.in/introduction-central-sales-taxes

[2] https://cleartax.in/glossary/cst-central-sales-tax

[3] https://www.wallstreetmojo.com/full-form-of-cst/

[4] https://www.scribd.com/doc/301674982/Central-Sales-Tax

[5] https://www.scribd.com/presentation/845179302/Central-Sales-Tax-1956

[6] https://www.scribd.com/doc/51833238/Salient-features-of-central-sales-tax