Introduction:
The GST Act came in force from 1st July, 2017. There were many interpretation issues with respect to the definitions, glossary and terms use in the law. Since, such definitions were adopted from various legacy laws in India prior to GST; such as Service Tax, State VAT, Central Excise Act, Luxury Tax, Entertainment Tax, etc. it was difficult to make applicable one definition for different sectors. Hence, some modifications from existing definitions were made. Therefore, it was important to established a nexus of the terms used in the GST definitions. The definition discussed here is “Union Territory Goods and Services Tax Act”.
So what do you mean by “Union Territory Goods and Services Tax Act”?
Section 2(116) of CGST Act, 2017 – “Union Territory Goods and Services Tax Act” means the Union Territory Goods and Services Tax Act, 2017;
Conclusion:
As per UTGST Act 2017, Union Territory Goods and Services Tax refers to a tax that is levied on intra-state supply of goods and services together with tax charged under CGST Act, 2017.