What is the purpose of The Union Territory Goods and Services Tax Act, 2017 (UTGST Act) which was passed by the Parliament?

CS Executive · Tax Laws and Practice · PYQS · December 2021

(A) To levy, collect UTGST on Intra-UT supplies and for other matters

(B) To levy, collect UTGST on Inter-UT supplies and for other matters

(C) To levy, collect UTGST on Intra- & Inter-UT supplies and for other matters

(D) To levy, collect SGST on Intra-state supplies and for other matters

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: GST