GST to replace following taxes levied by Centre
- Central Excise Duty
- Duties of Excise (Medicinal and Toilet preparation)
- Additional duties of Excise (Goods of Special importance)
- Additional duties of Excise (Textiles and Textiles products)
- Additional duties of Customs (Commonly known as CVD)
- Special additional duties of Customs (SAD)
- Service Tax
GST to replace following taxes levied by States
- State VAT
- Central Sales Tax
- Purchase Tax
- Luxury Tax
- Entry Tax ( all forms)
- Entertainment Tax (Not levied by Local bodies)
- Taxes on advertisements
- Taxes on lotteries, betting and gambling