MyQuestionIcon

2

You visited us 2 times! Enjoying our articles? Unlock Full Access!

Tax Systems

Name two taxe...

Question

Name two taxes which were imposed by union government but have now been now incorporated in GST.

Open in App

Solution

Central sales tax and Entertainment tax were two indirect taxes that now fall under GST.

Suggest Corrections

thumbs-up

0

Similar questions

Why was educational cess imposed by the government on all union taxes?

Q. State two examples of direct tax imposed by Central Government in India.

Q. Goods and Services Tax (GST) is an indirect tax introduced in India in 2017 that is imposed on the supply of goods and services, and it subsumes all indirect taxes except few. It is a destination-based tax imposed on goods and services used, and it is not imposed at the point of origin from where goods come. GST also has a few components specific to state governments, central government and Union Territories (UTs).
Which one of the following statements can be inferred from the given passage?

Q. The Service Tax which stood at 15% in the previous regime, has now been replaced with GST at 18%.

Q. Tax which is not imposed by the Central Government is ___________.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

The Tax System in India

ECONOMICS

Watch in App

explore_more_icon

Explore more

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon