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Reduces rate of CST from 3% to 2% - 1/2008 - Central Sales TaxExtract Government of India Ministry of Finance (Department of Revenue) New Delhi, Dated: May 30, 2008 NOTIFICATION No. 1/2008-CST DATED 30-3-2008 S.O. 1277(E). - In exercise of the powers conferred by the proviso to sub-section (1) of section (8) of the Central Sales Tax Act, 1956 (74 of 1956), the Central Government hereby reduces the rate of tax as specified in sub-section (1) of section 8 of the said Act from three per cent to two per cent with effect from 1st June, 2008. [No. 1/2008-CST-F.No.28/11/2007-ST] (R.G. Chhabra) Under Secretary to Government of India
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