Taxes to be subsumed under the GST

A bulk of the taxes will seize to exist once the GST comes into effect. Below is a list of taxes that will submitted:

Central Taxes:

  • Central Excise Duty [including additional excise duties, excise duty under the Medicinal and Toilet Preparations (Excise Duties) Act, 1955]
  • Service tax
  • Additional Customs Duty (CVD)
  • Special Additional Duty of Customs (SAD)
  • Central Sales Tax ( levied by the Centre and collected by the States)
  • Central surcharges and cesses ( relating to supply of goods and services)

State Taxes

  • Value-added tax
  • Octroi and Entry tax
  • Purchase tax
  • Luxury tax
  • Taxes on lottery, betting and gambling
  • State cesses and surcharges
  • Entertainment tax (other than the tax levied by the local bodies)
  • Central Sales tax ( levied by the Centre and collected by states)

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