Pari XII.-Finance, Property, Contracts and Suits.-Arts. 271-274.
surcharge on cer
tain duites and
taxes for purposes
on the Union.
271.Notwithstanding anything in articles. 269 and 270 Parliament may at any time increase any of the referred to in those articles by a surcharge for purposes of the Union and the whole proceeds of any such surcharge shall form part of the Consolidated Fund of India.
Taxes which are
levied and col-
lected by the
Union and may
be distributed
between the
Union and the
States.
272.. Union duties of excise other than such duties of excise on medicinal and toilet preparations as are mentioned in the Union List shall be levied and collected by the Government of India, but,if Parliament by law so provides, there shall be paid out of the Consolidated Fund of India to the States to which the law imposing the duty extends sums equivalent to the whole or any part of the net proceeds of that duty, and those sums shall be distributed among those States in accordance with such principles of dis tribution as may be formulated by such law.
Grants in lieu of
export duty on
jute and jute
products.
273.(1) There shall be charged on the Consolidated Fund of India in each year as grants-in-aid of the revenues of the States of Assam, Bihar, Orissa and West Bengal, in lieu of assignment of any share of the net proceeds in each year of export duty on jute and jute products to those States, such sums as may be prescribed.
(2) The sums so prescribed shall continue to be charged on the Consolidated Fund of India so long as any export duty on jute or jute products continues to be levied by the Government of India or until the expiration of ten years from the commencement of this Constitution, whichever is earlier.
(3) In this article, the expression 'prescribed" has the same meaning as in article 270.
prior recommen
dation of presi-
dent required to
Bills affecting
taxation in
which states are
interested
274.(1) No Bill or amendment which imposes or varies any tax or duty in which States are interested, or which varies Bills affecting the meaning of the expression "agricultural income" as defined for teration in the purposes of the enactments relating to Indian income-tax, or which States are which affects the principles on which under any of the foregoing interested. provisions of this Chapter moneys are or may be distributable to States, or which imposes any such surcharge for the purposes of the Union as is mentioned in the foregoing provisions of this Chapter, shall be introduced or moved in cither House of Parlia- ment except on the recommendation of the President.
- (2) In this article, the expression "tax or duty in which States are interested" means--
- (a) a tax or duty the whole or part of the net proceeds whereof are assigned to any State; or
- (b) a tax or duty by reference to the net proceeds whereof sums are for the time being payable out of the Consolidated Fund of India to any State.
Art. 273 shall not apply to the State of Jammu and Kashmir.
