Article 268 - Duties levied by the Union but collected and appropriated by the States - Constitution of India

Article 268. Duties levied by the Union but collected and appropriated by the States. (1) Such stamp duties 2 [****] 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 1 [ 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. ********************** NOTES:- 1 . Substituted vide Article 29 of the Constitution (7th Amendment) Act, 1956 dated 19-10-1956 w.e.f. 01-11-1956, before it was read as, State specified in Part C of the First Schedule 2 . Omitted vide Article 6 of the Constitution (101st Amendment) Act, 2016 dated 08-09-2016 w.e.f. 16-09-2016, before it was read as, and such duties of excise on medicinal and toilet preparations