Consider the following statements and identify the correct ones:
(i) The Central Government does not have the exclusive power to impose taxes not mentioned in the State or Concurrent List.
(ii) The Constitution also provides for the devolution of certain tax revenues from the Union List to the States.

Statement (i) is incorrect because residuary powers of taxation (imposing taxes on matters not enumerated in the State or Concurrent list) are exclusively vested in the Union/Central government. Statement (ii) is correct as the Constitution contains specific provisions (e.g., Article 270) governing the distribution and devolution of net tax revenue proceeds from the Union to the States based on Finance Commission guidelines.