Question:
Which statement is correct in the context of revenue from customs duties as mandated by the Constitution?
Which statement is correct in the context of revenue from customs duties as mandated by the Constitution?
Updated On: Oct 18, 2024
- It is collected by States completely.
- It is retained by the Centre completely.
- It is shared between Centre and State.
- Customs duties was abolished by the Constitution.
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The Correct Option is B
Solution and Explanation
The correct option is (B) :It is retained by the Centre completely.
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