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Taxation System · UPSC CDS/OTA · Question 9 of 36

Taxation System: Which tax is levied by the Union but collected and appropriated by the States?

Step-by-step solution. Taxation System for UPSC CDS/OTA.

Topic
Taxation System
Subject
General Studies
Difficulty
Medium
Solve Time
45-60 sec

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Q · Taxation SystemMedium · 45s

Which tax is levied by the Union but collected and appropriated by the States?

TopicTaxation System
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

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This is provided under Article 268 of the Constitution.

Final Answer: Option D - Stamp Duty on certain documents
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Which tax is levied by the Union but collected and… - Taxation System (General Studies) Solved Question