Which one of the following taxes is <strong>NOT</strong> subsumed under the Goods and Services Tax in India?
- A. Customs Duties
- B. Central Excise Duties
- C. Service Tax
- D. Taxes on Petroleum and Petroleum Products ✓
Correct Answer: D. Taxes on Petroleum and Petroleum Products
Explanation
Taxes on petroleum and petroleum products (such as crude oil, diesel, petrol, aviation turbine fuel, and natural gas) have been kept outside the purview of the Goods and Services Tax (GST) in India.
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