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GK (Indian Constitution)
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Which of the following taxes is levied and collected by the union but wholly assigned to the states?
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A
Taxes on railway fares and freights
💡 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.