Concept:GST subsumes most indirect taxes, but certain taxes like customs duty and taxes on petroleum products are kept outside its scope.
Explanation:The Goods and Services Tax (GST) replaced many indirect taxes like Central Excise Duty, Service Tax, VAT, and others.
However, two major categories remain outside GST:
• Basic Customs Duty (BCD): This is levied on imported goods and is not covered under GST.
• Taxes on Petroleum Products: Items like petrol, diesel, crude oil, aviation turbine fuel, and natural gas are currently not under GST.
Among the given options, Central Excise Duty and Service Tax are subsumed under GST.
Customs Duty (including BCD) is not subsumed, but the question specifically asks for the tax that is not subsumed among the listed ones.
Since both Customs Duty and taxes on petroleum products are outside GST, and the question expects a single answer, the correct choice is Taxes on Petroleum and Petroleum Products.
Answer:D. Taxes on Petroleum and Petroleum Products