Which of the following state taxes are included in GST 1 State Value Added Tax 2 Luxury tax 3 Taxes ...........

Finance (Phase -I & II) Public Finance The union budget

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Which of the following state taxes are included in GST?

1) State Value Added Tax

2) Luxury tax

3) Taxes on lottery, betting and gambling

1, 2

1, 3

All of the above

None of the above

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Explanation:

Central taxes that the GST will replace:-

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- Countervailing Duty)
Special Additional Duty of Customs (SAD)
Service Tax
Cesses and surcharges in so far as they relate to supply of goods or services.

State taxes that the GST will subsume:-

State VAT/Sales tax
Central Sales Tax (levied by the Centre and collected by the States)
Purchase Tax
Luxury Tax
Octroi and Entry Tax (all forms)
Entertainment Tax (not levied by local bodies)
Taxes on advertisements
Taxes on lotteries, betting and gambling
State cesses and surcharges