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What are the taxes proposed to be subsumed under GST in India?

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posted Jul 1 by Reshmi S

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1 Answer

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The central taxes proposed to be subsumed under CGST include:
 Central Excise duty
 Additional Excise duties
 Excise Duty levied under the Medicinal and Toiletries Preparation Act
 Service Tax levied under Chapter V of the Finance Act, 1994
 Additional Customs Duty, commonly known as Countervailing Duty (CVD)
 Special Additional Duty of Customs (SAD)
 Central Sales Tax
 Surcharges
 Central cesses.
The state taxes proposed to be subsumed under GST are:
 VAT/Sales tax
 Entertainment tax (unless it is levied by the local bodies)
 Luxury tax
 Taxes on lotteries, betting and gambling
 State cess and surcharges in so far as they relate to supply of goods and services
 Entry tax
 Octroi.

answer Jul 3 by Danial Rotwaski
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