Q. Which of the following tax/taxes is/are subsumed under Goods & Services tax?
1.Central excise duty
2.Service tax
3.Countervailing duty
How many of the statements given above are correct?
Answer: C
Notes:
Explanation: The central taxes subsumed in GST are—central excise duty (cenvat); additional excise duty; service tax; additional customs duty (commonly known as countervailing duty; and special additional duty of customs.
Source: Ramesh Singh

