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GST is one indirect tax for the whole nation, which will make India one unified common market. GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer.

When goods are made in Canada, excise tax is payable when the goods are delivered to the buyer. When they are imported, excise tax is payable by the importer, at the time the goods were imported. Under certain circumstances, you may be able to claim a refund of the excise taxes you paid.

Excise duty is levied on the manufacture of goods and levied at the time of removal of goods. While GST will be levied on the supply of goods and services. In GST, Excise duty's place has been taken by Central GST as excise is levied by Central Government and revenue from CGST will also be of Central government.

In other words, supply is the term used by the Excise Tax Act for sales. Under subsection 165(1) of the Excise Tax Act, any purchaser of a 'taxable supply' in Canada must pay GST/HST on the cost of a supply.

Introduced in 1991, the Goods and Services Tax (?GST?) is governed by Part IX of Canada's Excise Tax Act (?ETA?). The GST is a ?value-added? tax system in that it is imposed on the price of most goods and services at each stage from the supply of raw material, production, distribution to the sale to the consumer.

Excise taxes are taxes that are imposed on various goods, services and activities. Such taxes may be imposed on the manufacturer, retailer or consumer, depending on the specific tax.

GST/HST is levied under Part IX of the Excise Tax Act. The rate of tax is currently 5% as of January 1, 2008, having been reduced from the original rate of 7% in 2 steps of 1% each. Several provinces have integrated their provincial sales taxes with the GST into what is called the Harmonized Sales Tax or HST.