Duties levied by the Union but collected and appropriated by the States
(1) Such stamp duties as are mentioned in the Union List shall be levied by the Government of India but shall be collected— (a) in the case where such duties are leviable within any Union territory, by the Government of India, and (b) in other cases, by the States within which such duties are respectively leviable. (2) The proceeds in any financial year of any such duty leviable within any State shall not form part of the Consolidated Fund of India, but shall be assigned to that State.
In plain languageOrientation
Article 268 deals with duties levied by the Union but collected and appropriated by the States. Read the official clauses below for the exact rule, conditions, exceptions, and institutional powers. This overview is an orientation, not a substitute for the constitutional text.
Current official-edition wording. Historical reconstruction is not claimed for this article.