Multiple choice

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

  1. Sales tax

  2. Octroi

  3. Excise

  4. Consignment tax
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Under Article 269 of the Indian Constitution, certain taxes are levied and collected by the Union but assigned to the States, such as taxes on the sale or purchase of goods other than newspapers, where such sale or purchase takes place in the course of inter-state trade or commerce (consignment tax).

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