Accounting for India's Forest Wealth - Madras School of Economics

Table 2: Central and State Taxes to be Merged into GSTEmpowered Committee Task Force (13 th FC) 13th FinanceCommissionCentral Taxes(i) Central Excise Duty, (ii)Additional Excise Duties, (iii)Excise Duty levied under theMedicinal and ToiletriesPreparation Act, (iv) ServiceTax, (v) Additional CustomsDuty, commonly known asCountervailing Duty (CVD),(vi) Special Additional Dutyof Customs (SAD), (vii)Surcharges, and (viii)Cesses.State Taxes(i) VAT / sales tax, (ii)entertainment tax (unless itis levied by the local bodies,(iii) luxury tax, (iv) taxes onlottery, betting andgambling, (v) State cessesand surcharges in so far asthey relate to supply ofgoods and services, and (vi)entry tax not in lieu ofOctroi.Central Excise Duty(including Additional ExciseDuties);Service Tax;Additional Customs Duty(commonly referred to as„CVD‟); andSurcharges and all cessesVAT/Sales Tax (includingcentral sales tax andpurchase tax);Entertainment tax (otherthan levied by local bodies);Entry taxes not in lieu ofOctroi;Other Taxes and Duties(includes luxury tax, taxeson lottery, betting andgambling, and all cessesand surcharges by States);Stamp duty;Taxes on Vehicles;Taxes on Goods andPassengers; andTaxes and duties onelectricity.Residential and commercialpropertyCentral excise duty andadditional excise dutiesService TaxAdditional Customs Duty(Countervailing Duty )All surcharges and cessesValue Added TaxCentral Sales TaxEntry Tax, whether in lieu ofoctroi or otherwiseLuxury TaxTaxes on lottery, betting andgamblingEntertainment TaxPurchase TaxState Excise DutiesStamp DutyTaxes on vehiclesTax on goods andpassengersTaxes and duties onelectricityAll state cesses andsurcharges18