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Abolition of other duties and taxes

Abolition of other duties and taxes :

Present central excise duty (except of petroleum products), service tax, duties of excise on medical and toilet  preparations will be subsumed in CGST [Of course, SGST will also be payable].

State Vat, Central Sales Tax, octroi, Entry Tax, Entertainment Tax, Luxury Tax, Tax on lotteries, betting and  gambling will be subsumed in SGST [Of course, CGST will also be payable].

CVD and Special CVD on imported goods will be at rate equal to IGST. Input tax credit of this duty will be  available.

Basic customs duty on imports will continue. Stamp duties and motor vehicle taxes will also continue.