GST law in India is slated to come into existence with effect from 1-7-2017. What are the various central taxes proposed to be subsumed under the GST law?

CS Professional · Advanced Tax Laws and Practice · PYQS · June 2017
GST law in India is slated to come into existence with effect from 1-7-2017. What are the various central taxes proposed to be subsumed under the GST law?

Answer & Explanation:

The following are the various Central Taxes proposed to be subsumed under the GST Law: Central Excise Duty Service Tax Additional Excise Duties CVD (levied on imports in lieu of Excise duty) SAD (levied on imports in lieu of VAT) Excise Duty levied under Medicinal and Toiletries Preparations Act, Surcharges and Cesses

Topics: GST Law

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