Govt. notifies various taxes of central Govt. and State Govt. which are subsumed into GST
The Central Government has notified the various Acts of the Central Govt. And State Govt. under which the specified taxes are being subsumed into the GST. The Central Acts which are subsumed is the Central Sales Tax Act, 1956 and the Medical and Toilet Preparation (Excise Duty) Act, 1955.
MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION
New Delhi, the 14th November , 2018
No. 1/2018 (Goods and Services Tax Compensation)
G.S.R. 1116(E).—In exercise of the powers conferred by sub-section (4) of section 5 of the Goods and Services
Tax (Compensation to States) Act, 2017 (15 of 2017), the Central Government hereby notifies the following Acts of the Central Government and State Governments under which the specified taxes are being subsumed into the goods and services tax:
Acts of Central Government:-
(1) The Central Sales Tax Act, 1956
(2) The Medicinal and Toilet Preparations (Excise Duties) Act, 1955 (16 of 1955)
Acts of State Governments:-
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