This document compares key aspects of the Goods and Services Tax (GST) to other existing tax acts in India, including Central Excise, Service Tax, VAT, and CST. It outlines major differences between the acts such as applicability and payment of taxes, input tax credit provisions, tax rates, returns and assessments, and how existing taxes will be merged under GST. The comparison shows that GST aims to create a uniform indirect tax structure and reduce cascading taxes by allowing seamless input tax credit across goods and services and between states.

1. M/s Dipak Gandhi & Co. Add : A-705, Kohinoor Vayona
Tax & Financial Consultant Opp.PCMC Bhavan, Pimpri
gdipak09@yahoo.co.in Pune 411 018
+91 9960410281
Comparison Between GST and Other Important Acts such as Central Excise, Service Tax,VAT and CST
Sr.N
o.
Particulers GST CE ST
VAT (Taken in All
India VAT
Manual)
CST
1 Meaning Goods and Service Tax Central Excise Service Tax Value Added Tax Central Sales Tax
2 Applicability of Excise No Yes No No No
3
Applicability of Input Tax
Credit (under Central Excise )
Yes (On Raw Material
consumed)
Yes No No No
4
Applicability of Input Tax
Credit (under Service Tax )
Yes (to the limited
extent)
No Yes No No
5
Applicability of Input Tax
Credit (under VAT )
Yes No No Yes No
6
Applicability of Input Tax
Credit (under CST )
No No No No No
7 Components I. Central GST NA NA NA NA
II.State GST NA NA NA NA
III. Interated GST NA NA NA NA
8 Applicability of Taxes
All Transction of Goods
and Services Providers
Manufacturing Entitites Service Providers
Local Sale and Purchase Sale
Transction
Interstate Sale Transction
9 Payment on Account of Central Govt Central Govt Central Govt State Govt Central Govt
10
Cross Utilisation of Input Tax
Credit
Central GST & State GST
not allowed in case of
Interstate Supply
No No No No
11 Registration Number 13/15 Digit (PAN Link) 15 Digit (PAN Link) 15 Digit (PAN Link) 12 Digit
6 Digit to 12 Digit (Differ from
state to State
12 Payment of Taxes Both CGST & CST CE ST VAT CST
13 Mixing of Existing Taxes
A. Under CGST
I. All type of Central
Excise Duty
NA NA NA NA
II. Additional Excise duty NA NA NA NA
III. Service Tax NA NA NA NA
IV. Additional CVD NA NA NA NA
V. Special Additional
Duty
NA NA NA NA
VI. All type of
Surchargers
NA NA NA NA
B. under SGST I. VAT/ Sales Tax NA NA NA NA

2. M/s Dipak Gandhi & Co. Add : A-705, Kohinoor Vayona
Tax & Financial Consultant Opp.PCMC Bhavan, Pimpri
gdipak09@yahoo.co.in Pune 411 018
+91 9960410281
Comparison Between GST and Other Important Acts such as Central Excise, Service Tax,VAT and CST
Sr.N
o.
Particulers GST CE ST
VAT (Taken in All
India VAT
Manual)
CST
II. Entertainment Tax NA NA NA NA
III. Luxury Tax NA NA NA NA
IV. Taxes of Games NA NA NA NA
V. Entry Tax / Octroi NA NA NA NA
14 Not consider in GST I. Purchase Tax NA NA NA NA
II. Stamp duty NA NA NA NA
III. Vehicle Tax NA NA NA NA
IV. Electricity Duty NA NA NA NA
15 Rate of Taxes
18% (Subject to
Finalisation)
12.50% 14.50% Differ from state to State 0% to 5% (as the Case)
16 Rate of Taxes on Export 0% NIL NIL NIL NIL
17 Payment of IGST
After Adjusting of
IGST,SGST & CGST
NA NA NA NA
18 Payment of SGST & CGST
within 20 days after
completing Tax Period
NA NA NA NA
19 Date of Payment
within 20 days after
completing Tax Period
within 30 days after
completing Tax Period
within 30 days after
completing Tax Period
within 30 days after
completing Tax Period
within 30 days after
completing Tax Period
20 Status of Existing ACT NA Merged in GST Merged in GST Merged in GST Merged in GST
21
Applicable of ITC on Inter
state Transctions
Yes NA NA NA NA
22 GST Invoice
Invoice format as per
Local VAT ACT
NA NA NA NA
23 Periodicity of Payment Monthly Monthly Monthly
Monthly to Half yearly (As the
case)
Monthly
24 Benefits of GST I. Greater Tax Revenues NA NA NA NA
II. No Cascading Effect NA NA NA NA
III. Boost in Interstate
Trade
NA NA NA NA
IV. Lower Inflation NA NA NA NA
V. Higher Growth NA NA NA NA
25
Applicability of Statutory
Forms
NA NA NA NA Yes
26 Refund of Tax Within 2 Years
After completion of
Assessment
After completion of
Assessment
After completion of
Assessment
Adjusted Against VAT
27 Applicability of Returns Monthly Monthly Monthly Monthly Monthly
28 Reversal of Tax Liability before filling of Return Yes Yes Within 6 Months Within 6 Months

3. M/s Dipak Gandhi & Co. Add : A-705, Kohinoor Vayona
Tax & Financial Consultant Opp.PCMC Bhavan, Pimpri
gdipak09@yahoo.co.in Pune 411 018
+91 9960410281
Comparison Between GST and Other Important Acts such as Central Excise, Service Tax,VAT and CST
Sr.N
o.
Particulers GST CE ST
VAT (Taken in All
India VAT
Manual)
CST
29 Filling of Monthly Return
within 20 days after
completing Tax Period
within 30 days after
completing Tax Period
within 6 Months after
completing Tax Period
within 30 days after
completing Tax Period
within 30 days after
completing Tax Period
30 Filling of Annual Return
at the end of Financial
Year
At the end of Accounting Year At the end of Accounting Year At the end of Accounting Year At the end of Accounting Year
31 Assessment Proceedings I. Assessment I. Assessment I. Assessment I. Assessment I. Assessment
II .First Appeal at First
Appellate Authority
II . Appeal at Appellate
Authority
II . Appeal at Appellate
Authority
II . Appeal at Appellate
Authority
II . Appeal at Appellate
Authority
III. National GST
Appellate Tribunal
IV. Appelalte Tribunal IV. Appelalte Tribunal IV. Appelalte Tribunal IV. Appelalte Tribunal
IV .Second Appeal at
Appellate Authority
V. Appeal to High Court V. Appeal to High Court V. Appeal to High Court V. Appeal to High Court
VI. Appeal to High Court VI. Appeal to Supreme Court VI. Appeal to Supreme Court VI. Appeal to Supreme Court VI. Appeal to Supreme Court
VII. Appeal to Supreme
Court
Note : This is Only for Information and Better understanding of GST