Amendment of article 269.

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....     ****************** NOTES:- 1. Shall come into force w.e.f. 16th day of September 2016 vide S.O. 2986(E) dated 16.09.2016. - Provisions after amendment: Taxes levied and collected by the Union but assigned to the States. 269. (1) Taxes on the sale or purchase of goods and taxes on the consignment of goods ^1[except as provided in article 269A] sh....

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....ch tax, except in so far as those proceeds represent proceeds attributable to union territories, shall not form part of the Consolidated Fund of India, but shall be assigned to the States within which that tax is leviable in that year, and shall be distributed among those States in accordance with such principles of distribution as may be formulated by Parliament by law. (3) Parliament may by l....