ARTICLE 273, 274 OF CONSTITUTION OF INDIA 1949

What are the Grants in lieu of export duty on jute and jute products? What is the meaning Prior recommendation of President required to Bills affecting taxation in which States are interested? Article 273 and 274 of Constitution of India, 1949

Grants in lieu of export duty on jute and jute products and Prior recommendation of President required to Bills affecting taxation in which States are interested are defined under Article 273 and 274 of Constitution of India 1949. Provisions under these Articles are:

 

 

Article 273 of Constitution of India "Grants in lieu of export duty on jute and jute products"

(1) There shall be charged on the Consolidated Fund of India in each year as grants-in-aid of the revenues of the State 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.

Article 274 of Constitution of India "Prior recommendation of President required to Bills affecting taxation in which States are interested"

(1) No Bill or amendment which imposes or varies any tax which varies any tax or duty in which States are interested, or which varies the meaning of the expression "agricultural income" as defined for the purposes of the enactments relating to Indian income-tax, or which affects the principles on which under any of the foregoing distributable to State, or which imposes any surcharge for the purposes of the Union as is mentioned in the foregoing provisions of this Chapter, shall be introduced or moved in either House or Parliament 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.

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