What are the Taxes replaced by GST (Goods and Services Tax)

GST or Goods and Services Tax has rolled out from July 1, 2017. GST is the biggest reform in India’s Tax system. GST has replaced a numbers of Central taxes as well as State taxes. Below is the list of replaced taxes by GST.

Central Taxes those are replaced by GST

1. Central Excise Duty
2. Service tax
3. Additional Duties on Excise
4. Excise on Medicines and Toiletries Preparation
5. Special Additional Duty (SAD)
6. Surcharge and Cesses
7. Central Sale Tax

State taxes those are replaced by GST

1. Value Added Tax(VAT)
2. Purchase Tax
3. Entry Tax
4. Entertainment Tax
5. Luxury Tax
6. Betting, Gambling, Lottery Tax
7. Surcharge and Cesses
8. Local Body Taxes