AMENDMENT TO THE CENTRAL SALES TAX ACT, 1956

By Vijay Kumar

The Union Cabinet today gave its approval for introduction of a Bill in the Parliament for Amendment in the Central Sales Tax Act, 1956, in order to streamline and improve the functioning of the Central Sales Tax Appellate Authority (CSTAA). This will resolve inter-state disputes regarding levy of Central Sales Tax, in respect of inter-state trade or commerce expeditiously and smoothly. In the original CST Act, 1956, there was no mechanism to resolve inter-state disputes.

A king, a prostitute, Lord Yamaraja, fire, a thief, a young boy, and a beggar cannot understand the suffering of others. The eighth of this category is the tax collector - Koutilya