Article 268 of Indian Constitution – Distribution of Revenues between the Union and the States

Article 268 of Indian Constitution: Distribution of Revenues between the Union and the States

Article 268 Distribution of Revenues between the Union and the States – Constitution Of India

(1) Such stamp duties and such duties of excise on medicinal and toilet preparations 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 2 [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.

Article 268A

Service tax levied by Union and collected and appropriated by the Union and the States.

(1) Taxes on services shall be levied by the Government of India and such tax shall be collected and appropriated by the Government of India and the States in the manner provided in clause (2).

(2) The proceeds in any financial year of any such tax levied in accordance with the provisions of clause (1) shall be—

(a) collected by the Government of India and the States;

(b) appropriated by the Government of India and the States, in accordance with such principles of collection and appropriation as may be formulated by Parliament by law.


Constitution Of India Part 12 Finance, Property, Contracts And Suits – Articles 264 to 300


Article 264 of Indian Constitution

Article 264 of Indian Constitution: Interpretation Article 264 - Constitution Of India In this Part, “Finance Commission” means a Finance ...
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Article 265 of Indian Constitution

Article 265 of Indian Constitution: Taxes not to be imposed save by authority of law Article 265 Taxes not to ...
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Article 266 of Indian Constitution

Article 266 of Indian Constitution: Consolidated Funds and public accounts of India and of the States Article 266 Consolidated Funds ...
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Article 267 of Indian Constitution – Contingency Fund

Article 267 of Indian Constitution: Contingency Fund Article 267 Contingency Fund - Constitution Of India (1) Parliament may by law ...
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Article 268 of Indian Constitution – Distribution of Revenues between the Union and the States

Article 268 of Indian Constitution: Distribution of Revenues between the Union and the States Article 268 Distribution of Revenues between the ...
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Article 269 of Indian Constitution

Article 269 of Indian Constitution: Taxes levied and collected by the Union but assigned to the States. Article 269 Taxes ...
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Article 270 of Indian Constitution

Article 270 of Indian Constitution: Taxes levied and distributed between the Union and the States. Article 270 Taxes levied and ...
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Article 271 of Indian Constitution

Article 271 of Indian Constitution: Surcharge on certain duties and taxes for purposes of the Union. Article 271 Surcharge on ...
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Article 272 of Indian Constitution

Article 272 of Indian Constitution Article 272  - Constitution Of India [Taxes which are levied and collected by the Union ...
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Article 273 of Indian Constitution

Article 273 of Indian Constitution: Grants in lieu of export duty on jute and jute products. Article 273 Grants in ...
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Article 274 of Indian Constitution

Article 274 of Indian Constitution: Prior recommendation of President required to Bills affecting taxation in which States are interested. Article ...
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Article 275 of Indian Constitution

Article 275 of Indian Constitution: Grants from the Union to certain States Article 275 Grants from the Union to certain ...
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Article 276 of Indian Constitution

Article 276 of Indian Constitution: Taxes on professions, trades, callings and employments Article 276 Taxes on professions, trades, callings and ...
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Article 277 of Indian Constitution

Article 277 of Indian Constitution: Savings Article 277 Savings - Constitution Of India Any taxes, duties, cesses or fees which, ...
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Article 278 of Indian Constitution

Article 278 of Indian Constitution Article 278 - Constitution Of India [Agreement with States in Part B of the First ...
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Article 279 of Indian Constitution

Article 279 of Indian Constitution: Calculation of “net proceeds” etc. Article 279 Calculation of “net proceeds” etc. - Constitution Of ...
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Article 280 of Indian Constitution

Article 280 of Indian Constitution: Finance Commission Article 280 Finance Commission - Constitution Of India (1) The President shall, within two ...
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Article 28 of Indian Constitution

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Article 282 of Indian Constitution

Article 282 of Indian Constitution: Expenditure defrayable by the Union or a State out of its revenues Article 282 Expenditure ...
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Article 283 of Indian Constitution

Article 283 of Indian Constitution: Custody, etc., of Consolidated Funds, Contingency Funds and moneys credited to the public accounts. Article ...
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Article 284 of Indian Constitution

Article 284 of Indian Constitution: Custody of suitors’ deposits and other moneys received by public servants and courts. Article 284  ...
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Article 285 of Indian Constitution

Article 285 of Indian Constitution: Exemption of property of the Union from State taxation Article 285 Exemption of property of ...
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Article 286 of Indian Constitution

Article 286 of Indian Constitution: Restrictions as to imposition of tax on the sale or purchase of goods Article 286 ...
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Article 287 of Indian Constitution

Article 287 of Indian Constitution: Exemption from taxes on electricity Article 287 Exemption from taxes on electricity - Constitution Of ...
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Article 288 of Indian Constitution

Article 288 of Indian Constitution: Exemption from taxation by States in respect of water or electricity in certain cases Article ...
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Article 289 of Indian Constitution

Article 289 of Indian Constitution: Exemption of property and income of a State from Union taxation. Article 289 Exemption of ...
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Article 290 of Indian Constitution

Article 290 of Indian Constitution: Adjustment in respect of certain expenses and pensions Article 290 Adjustment in respect of certain ...
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Article 291 of Indian Constitution

Article 291 of Indian Constitution Article 291  - Constitution Of India [Privy purse sums of Rulers.] Rep. by the Constitution ...
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Article 292 of Indian Constitution

Article 292 of Indian Constitution: Borrowing by the Government of India Article 292 Borrowing by the Government of India - ...
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Article 293 of Indian Constitution

Article 293 of Indian Constitution: Borrowing by States Article 293 Borrowing by States - Constitution Of India (1) Subject to ...
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Article 294 of Indian Constitution

Article 294 of Indian Constitution: Succession to property, assets, rights, liabilities and obligations in certain cases Article 294  - Constitution ...
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Article 295 of Indian Constitution

Article 295 of Indian Constitution: Succession to property, assets, rights, liabilities and obligations in other cases Article 295  - Constitution ...
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Article 296 of Indian Constitution

Article 296 of Indian Constitution: Property accruing by escheat or lapse or as bona vacantia Article 296 Property accruing by ...
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Article 297 of Indian Constitution

Article 297 of Indian Constitution: Things of value within territorial waters or continental shelf and resources of the exclusive economic ...
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Article 298 of Indian Constitution

Article 298 of Indian Constitution: Power to carry on trade, etc. Article 298 Power to carry on trade, etc. - ...
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Article 299 of Indian Constitution

Article 299 of Indian Constitution: Contracts Article 299 Contracts - Constitution Of India (1) All contracts made in the exercise ...
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Article 300 of Indian Constitution

Article 300 of Indian Constitution: Suits and proceedings meaning Article 300 Suits and proceedings meaning - Constitution Of India (1) ...
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