Question

Taxation on imports and exports comes under :
1. Union List
2. State List
3. Concurrent List
4. Residuary List.

Answer 1

Correct Answer - Option 1 : Union List

The correct answer is Union List.

• The Union List consists of maximum number of subjects as compared to State List and Concurrent List.
• The central government has absolute power to form laws on the subjects mentioned in the Union List.
• The subjects included in the Union List makes Centre Strong.

• Since there are more subjects in the Union List than State List the central government has more power than the state governments.
• The Union List prevails in case of conflict between Union list and State List.

 

• The 88th Amendment made provisions to include a new subject 'taxes on services' in the Union List.
• The powers in relating to the subjects in the Union List can be enlarged by the Parliament.