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Central Government Levied Taxes

All the taxes in Union List are handled by Department of Revenue, of  Ministry of Finance, of Central Government

2 Statutory Boards have been Created CBDT and CBEC

 

Difference between CBDT and CBEC

CBDT

CBEC

It means Central Board of Direct Taxes

It means Central Board of Excise and Customs

It handles all matters related to levy and collection of Direct tax like Income tax etc.

It handles all matters related to levy and collection of Indirect tax like Excise, Customs and Service tax

 

State Taxes

These are handled by Commercial Tax Department of Different State Governments

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 12 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.