Legislative Enhancements:
Amendments under sections 7, 8, and 21 of the UTGST Act, 2017, aiming to streamline regulations and improve efficacy.
Notification Alterations:
Notification No.11/2017-UTGST Rate revised to reflect updated provisions, ensuring compliance with current requirements.
Intellectual Property Rights:
Inclusion of provisions regarding temporary or permanent transfer of Intellectual Property rights, expanding the scope of taxable services.
Manufacturing Services:
Introduction of provisions for job work related to the manufacture of alcoholic liquor for human consumption, addressing specific industry needs.
Official Endorsement:
Issued under the authority of Rajeev Ranjan, Under Secretary to the Government of India, ensuring official sanction and adherence to regulatory procedures.
Continuity in Regulations:
Demonstrates the government's commitment to adapt regulations in response to changing economic landscapes, promoting transparency and compliance.
Historical Context:
Acknowledges the principal notification and previous amendments, offering a comprehensive view of the regulatory evolution in the Union Territory Goods and Services Tax framework.