GST replaced several existing taxes and levies which include: central excise duty, services tax , additional customs duty, surcharges , state-level value added tax and Octroi. Other levies which were applicable on inter-state transportation of goods has also been done away with in GST regime. GST is levied on all transactions such as sale, transfer, purchase, barter, lease, or import of goods and/or services. India adopted a dual GST
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