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
