1.

Which Taxes At The Centre And State Level Are Being Subsumed Into Goods And Services Tax (gst)?

Answer»

At the CENTRAL level, the FOLLOWING taxes are being subsumed:-

  • Central Excise Duty,
  • Additional Excise Duty,
  • Service Tax,
  • Additional Customs Duty commonly known as COUNTERVAILING Duty, and
  • Special Additional Duty of Customs.

 At the State level, the following taxes are being subsumed:-

  • Subsuming of State Value ADDED Tax/Sales Tax,
  • Entertainment Tax (other than the tax levied by the local bodies), Central Sales Tax (levied by the Centre and collected by the States),
  • Octroi and Entry tax,
  • Purchase Tax,
  • LUXURY tax, and
  • Taxes on lottery, betting and gambling.

At the Central level, the following taxes are being subsumed:-

 At the State level, the following taxes are being subsumed:-



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