Determine cst payable assuming that all transactions were


Mr. Devansh, a dealer of rice plant machinery in the State of Punjab, provides the following information: Total inter-State sales during the F.Y. 2014-15 is 95,00,000, CST included in this sales; This sales also includes the following: Dharmada 7,50,000 Freight 4,50,000 (3,00,000 shown separately in the invoices) Cost of packing boxes for machinery is of 68,500 and installation and commissioning charges shown separately are of 65,000. Determine CST payable assuming that all transactions were covered by valid ‘C' forms and the VAT rate within the State is 5%.

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Taxation: Determine cst payable assuming that all transactions were
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