CESS, PURCHASE CESS, PURCHASE TAX, OCTROI OUTSIDE GST
Purchase tax and octroi, which are collected at state and local levels and will be kept outside the dual Goods and Service Tax (GST) structure to be introduced from April 2010.
Central taxes to be subsumed under GST:-
Central taxes to be subsumed under GST:-
- Central excise duty
- Additional duty of excise
- Service tax
- Additional customs duty (popularly known as countervailing duty)
- Surcharge
State taxes to be subsumed under GST:-
- Value added tax or sales tax
- Entertainment tax (unless it is levied by local bodies)
- Luxury tax
- Taxes on lottery, betting and gambling
- State cess and surcharge if they relate to supply of goods and services
- Entry tax in lieu of Octroi
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