Q. Consider the following statements:
1.The power to make laws with respect to residuary subjects is vested in Parliament.
2.The 101st Amendment Act of 2016 has made a special provision with respect to goods and services tax.
Which of the statements given above is/are correct?
Answer: C
Notes:
Explanation: The 101st Amendment Act of 2016 has made a special provision with respect to goods and services tax.
- The power to make laws with respect to residuary subjects (i.e., the matters which are not enumerated in any of the three lists) is vested in Parliament.
- This residuary power of legislation includes the power to levy residuary taxes.
Source: Laxmikanth’s Polity
