1.

Which of the following is/are correctly matched? 1. Duty levied by the union but collected and appropriated by the states : Succession duty and estate duty in respect of property other than agricultural land 2. Taxes levied and collected by the union but assigned to the states : Stamp duties and duties of excise on medicinal and toilet preparations Choose the correct answer from the codes given below:

A.  Only 1    
B.  Only 2
C.  Both 1 and 2    
D.  Neither 1 nor 2
Answer» E.


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