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This document is a form used for recording details related to sales transactions as per the Central Sales Tax rules in Mizoram. It captures information about the consignor, consignee, transport details,

How to fill out central sales tax mizoram

How to fill out CENTRAL SALES TAX (MIZORAM) RULES, 1991

1. Obtain the Central Sales Tax (CST) registration certificate.
2. Fill out the necessary forms, including Form C, Form F, or other relevant forms depending on the nature of the transaction.
3. Provide accurate details of the sales and purchases, including the buyer's details, item descriptions, and values.
4. Calculate the applicable CST rate based on the goods being sold.
5. Ensure that all calculations are verified for accuracy.
6. Submit the completed forms to the appropriate tax authority along with any required documentation.
7. Keep copies of all submitted forms for your records.

Who needs CENTRAL SALES TAX (MIZORAM) RULES, 1991?

1. Businesses engaging in inter-state sales of goods.
2. Wholesalers and retailers who purchase goods from outside the state.
3. Manufacturers selling goods to dealers in other states.
4. Tax professionals handling CST compliance for clients.

People Also Ask about

When was sales tax introduced in India?

In pursuance of these changes in the Constitution, the Government of India introduced a Bill in the Parliament on 21st November 1956 which was passed as the Central Sales tax Act 1956 (Act 74 of 1956). This Act, except section 15 came into force on 5th January 1957.

What is the CST tax in India?

Originally, the rate of CST was 1%, which was increased first to 2%, then to 3% and w.e.f. 1st July, 1975 to 4%. The CST Act, 1956 Act provides for declaration of certain goods to be of special importance in inter-State trade or commerce and lay down restrictions on the taxation of such items.

Is VAT replaced by GST in India?

The Goods and Services Tax (GST), which has replaced the Central and State indirect taxes such as VAT, excise duty and service tax, was implemented from 1st July 2017. In this article, you can understand the differences between VAT and GST and their implications.

What is the VAT Act of Mizoram?

(1) This Act may be called the Mizoram Value Added Tax Act, 2005. (2) It shall extend to the whole of the State of Mizoram. (3) It shall come into force on such date as the Government may, by notification in the Official Gazette, appoint, and different dates may be appointed for different provisions of this Act.

Is Central sales tax still applicable in India?

Note: Sales Tax has been replaced by the Goods and Services Tax (GST) starting 1 July 2017. India is a democracy which is run by the people for the people, where the money to administer and develop the country also come from the people.

What is the central tax in India?

Central Goods and Services Tax (CGST), where the central government collects the charge on the supply of good and services within the state. State Goods and Services Tax (SGST), or UTGST for Union Territories, where the state government/Union Territory collects taxes on the supply of goods and services within the state.

What is the Central Sales Tax Act in India?

The CST Act, 1956 Act provides for declaration of certain goods to be of special importance in inter-State trade or commerce and lay down restrictions on the taxation of such items. The entire revenue accruing under levy of CST is collected and kept by the State in which the sale originates.

Is corporate tax still applicable in India?

Corporate income tax and Minimum Alternate Tax A company shall be liable to pay MAT at 15 percent of book profit (plus surcharge and health and education cess, as applicable) where the normal tax liability of the company is less than 15 percent of book profit.

For pdfFiller’s FAQs

What is CENTRAL SALES TAX (MIZORAM) RULES, 1991?

The Central Sales Tax (Mizoram) Rules, 1991 are regulations established by the state of Mizoram to govern the collection and administration of central sales tax within the state as per the provisions of the Central Sales Tax Act.

Who is required to file CENTRAL SALES TAX (MIZORAM) RULES, 1991?

Any dealer or business entity engaged in inter-state sales of goods is required to file under the Central Sales Tax (Mizoram) Rules, 1991.

How to fill out CENTRAL SALES TAX (MIZORAM) RULES, 1991?

To fill out the Central Sales Tax (Mizoram) Rules, 1991, taxpayers must provide details of inter-state sales, applicable tax rates, and submit the forms prescribed under these rules along with necessary documentation.

What is the purpose of CENTRAL SALES TAX (MIZORAM) RULES, 1991?

The purpose of the Central Sales Tax (Mizoram) Rules, 1991 is to outline the procedures for levying and collecting tax on sales of goods that occur between different states, ensuring compliance with the national sales tax framework.

What information must be reported on CENTRAL SALES TAX (MIZORAM) RULES, 1991?

Information that must be reported includes the names and addresses of the parties involved in the sale, details of goods sold, invoice numbers, amounts of sales, applicable tax rates, and total tax collected on the sales.