Central taxes subsumed include Central Excise Duty, Duties of Excise (Medicinal and Toilet Preparations), Additional Duties of Excise (Goods of Special Importance), Additional Duties of Excise (Textiles and Textile Products), Additional Duties of Customs (commonly known as CVD and SAD), Service Tax, and Cesses and surcharges insofar as they relate to supply of goods or services. State taxes subsumed include State VAT, Central Sales Tax, Luxury Tax, Entry Tax (all forms), Entertainment and Amusement Tax (except when levied by local bodies), Taxes on advertisements, Purchase Tax, Taxes on lotteries, betting and gambling, and State cesses and surcharges. Basic Customs Duty is also not subsumed under GST.
Which one of the following taxes is not subsumed under the Goods and Services Tax in India ?
Asked in UPSC CDS 2 2023 · Topic: Fiscal Policy & Revenue (Taxation System in India: Direct, Indirect taxes, and Tax Reforms (including GST))
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Answer: D. Taxes on Petroleum and Petroleum Products
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