Question

name the two central taxes that have merged into g. s. t ​

Answer 1

Answer:

CENTRAL TAXES TO BE SUBSUMED IN GST

Central Excise Duty (CENVAT)

Additional Excise Duties.

The Excise Duty levied under the Medicinal and Toiletries Preparations (Excise Duties) Act 1955.

Service Tax.

Additional Customs Duty, commonly known as Countervailing Duty (CVD)

Special Additional Duty of Customs – 4% (SAD)

Explanation:

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Answer 2

Explanation:

Central Taxes GST has replaced central excise duty, service tax and additional duties of excise (goods of special importance), to name a few. One of the primary objectives is to eliminate the cascading effects of tax.