Which of the following taxes was subsumed under the Goods and Services Tax (GST) framework as a centralized levy collected on interstate trade of goods?

💡 Solution & Explanation

The Central Sales Tax levied on the inter-state trade of goods was successfully subsumed into the unified Goods and Services Tax framework following the enactment of the 101st Constitutional Amendment Act. Direct levies like corporate income tax and basic agricultural income tax remain outside the GST architecture, preserving distinct revenue streams for the government. This indirect tax reform eliminated cascading tax effects across state boundaries to establish a common national market.