CENTRAL SALES TAX (CST)
CST Act makes provisions for registration of dealer. Registration brings many advantages e.g. the dealer can issue ‘C’ form and purchase goods at concessional rate. COMPULSORY REGISTRATION UNDER CST: Section 2(f) states that ‘registered dealer’ means a dealer who is registered under section 7 of CST Act. As per section 7(1), every dealer liable to [...]