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Question
Which of the following Tax is levied by Union and collected and appropriated by States?
Options:
A .  Estate Duty
B .  Stamp Duties
C .  Passenger and Goods Tax
D .  Taxes on Newspapers
Answer: Option B
Answer: (b)As mention in article 268 of Indian Constitution, Stamp Duties are mentioned in the Union List shall be levied by the Government of India but collected and appropriated by the States.

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