With reference to the levy of taxes in India, which one of the following statements is incorrect?

Customs duty on imports and exports falls exclusively within the Union's taxing power under Entry 83 of the Union List, not a power shared with the States, making the claim that it is levied by both central and state governments the incorrect statement among the four. Land revenue (Entry 45) and VAT on goods outside GST such as petroleum products and alcoholic liquor (Entry 54) are State levies under List II, while corporation tax (Entry 85) and taxes on income other than agricultural income (Entry 82) are Union levies under List I (agricultural income tax falls under Entry 46 of List II).