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<h1>Ministry of Finance Lists Central and State Taxes Subsumed into GST per 2017 Compensation Act.</h1> The notification from the Ministry of Finance, dated November 14, 2018, lists the various Central and State Government Acts under which specific taxes are subsumed into the Goods and Services Tax (GST) framework. This includes taxes like Value Added Tax, entertainment taxes, entry taxes, and advertisement taxes across different states. The notification outlines the specific acts for each state that are now integrated into the GST system, as per the Goods and Services Tax (Compensation to States) Act, 2017. The document also specifies the role of state finance departments in certifying revenue collections for estimating base year revenue under the GST compensation framework.