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Central Sales Tax
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Central Sales Tax
Inter-State Purchases
Inter-State Sales
Invoicing with Declaration Forms
Inter-State Trade-Returns
Classification based Calculations
Physical and E-Return (State specific)
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Features of Central Sales Tax
• Inter-State trade with Declaration Forms• Accurate CST calculation• Determine CST Liability• Generate Reminder and Covering Letter• Meets all accounting and statutory norms• Statutory CST Reports• Generation of E-Returns
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Inter-State Trade – Declaration Forms
• Invoice transactions by selecting:• Form C – Inter-State Trade
• Form E1/E2 – Transit Purchases/Sales
• Form I – Sales to Special Economic Zones
• Form H – Deemed Exports
• Form F – Consignment/Branch Transfers Outside the State
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Accurate CST Calculation
• CST calculation based on VAT/Tax classifications • Provision to enter multiple CST rates in a single invoice• Classification based Commodity-wise computation
consisting of:• Inter-State trade• Exports, Deemed Exports and Imports• Stock transferred as Consignment/Branch Transfers• Classification based Registers for Interstate Purchases
and Sales
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Determine CST Liability
• Adjust CST dues against Input Tax Credit• VAT Computation report showing CST liability
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Generate Reminder and Covering Letter
• Generate Reminder Letter on Non-receipt of Declaration Forms
• Generate Covering Letter confirming the receipt of Declaration Forms
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Meets all Accounting and Statutory norms
• Seamless integration with Accounts & Inventory• Meets all Statutory Requirements of CST Act
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Statutory CST Reports
• Central Sales Tax returns:• Physical Returns for 19 States/Union Territories
• E-CST Returns for 11States
• Supporting Annexures for CST Forms
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Generation of E-Returns
• Facility to generate e-returns for applicable States by exporting data:• Directly in the prescribed format or
• To Templates prescribed by Commercial Taxes Department
• Procedure of generating e-returns using Template files:• Download Templates from Commercial Taxes Department
website
• Copy files to Tally.ERP 9 installed folder
• Export the data to respective template files
• Save the Files and upload as prescribed by the Department
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