Which department collects taxes in India?

Which department collects taxes in India?

The Income Tax Department (also referred to as IT Department or ITD) is a government agency undertaking direct tax collection of the Government of India. It functions under the Department of Revenue of the Ministry of Finance.

Is sales tax officer a central service?

Central sales tax is a subject of the Union List in the Constitution of India and is therefore, the prerogative of the Central Government to levy the same. The State Government Sales Tax officer, who was responsible for the assessment and collection of local (state) sales tax was also made to assess and collect CST.

What is Revenue Department in India?

The Indian Revenue Service (IAST: Bhāratīya Rājasva Sevā), often abbreviated as IRS, is the central civil service under Group A of the executive branch of the Government of India. The IRS is primarily responsible for collecting and administering direct and indirect taxes accruing to the Government of India.

What is government Revenue department?

FUNCTIONS AND STRUCTURE OF THE DEPARTMENT OF REVENUE The Department of Revenue is mainly responsible for the following functions: – All matters relating to levy and collection of Direct Taxes. All matters relating to levy and collection of Indirect Taxes.

Which taxes are collected by state government?

These are some of the taxes that are levied or collected by the state government.

  • Sales Tax and VAT:
  • Professional Tax.
  • Stamp Duty.
  • Luxury Tax.
  • Entertainment Tax.
  • Motor Vehicles Tax:
  • Tax on Vehicles Entering State:
  • Transportation of Passengers and Goods Tax:

Is CST and GST same?

The short form of Goods and Service Tax is called GST. CST means Central Sales Tax. GST is charged on goods and services at the end stage of distribution of goods. Many indirect taxes including CST are being eliminated and merged with GST.

What is the role of CBIC?

Central Board of Indirect Taxes & Customs (CBIC), Department of Revenue, Ministry of Finance is responsible for formulation of policy relating to levy and collection of Indirect taxes namely, Customs duty, Central Excise duty Central Goods and Service tax.