| Duty / Tax |
Tax Levying Authority |
Nature of Levy |
Rate of Tax |
Customs Duty |
Central Government |
Duty on import of goods into India |
31.70% |
Excise Duty |
Central Government |
Duty on manufacture of goods in India |
14.42% |
Central sales Tax |
Central Government |
Tax on sale of goods in India from one state to another (inter state sale) |
2% |
Value Added Tax (VAT) |
State Government |
Tax on sale of goods within the same state (Intra state sale) |
Commodity specific and state specific varying from 0% to 20% |
Service Tax |
Central Government |
Tax on provision of notified services |
12.36% |
Research & Development Cess |
Central Government |
Cess on import of technology into India under a foreign collaboration |
5% |
Stamp Duty |
Central Government/ State Government |
Duty on transfer of property/ assets under an instrument/ deed legally binding on parties in the Court of law |
State specific |
Octroi |
State Government / Municipal Authorities |
Tax on entry of goods within the local limits a state or municipal corporation |
State specific |
