Multiple choice

Which of the following taxes is levied and collected by the union but wholly assigned to the states?

  1. Taxes on railway fares and freights

  2. Stamp duties

  3. Sales tax

  4. Custom duties

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Duties on railway fares and freights are levied and collected by the Union but wholly assigned to the states under Article 268. Stamp duties (Article 267) are also levied by Union but assigned to states. Customs duties are not assigned to states. Sales tax is a state subject.