Q 3. Which of the existing taxes are proposed to be subsumed under GST?

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Ans.  The GST would replace the following taxes: (i) taxes currently levied and collected by the Centre: a. Central Excise duty b.  Duties of Excise (Medicinal and Toilet  Preparations) c. Additional Duties of Excise (Goods of Special Importance) d.  Additional Duties of Excise (Textiles and Textile Products) e. Additional Duties of Customs (commonly known as …

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