UTGST definition
Examples of UTGST in a sentence
Applicable rate of GST (CGST & SGST/ UTGST or IGST) on the contract value shall be indicated in Agreed Terms & Conditions (Format-F10) and SOR.
Please note that the responsibility of payment of GST (CGST & SGST or IGST or UTGST) lies with the Service Provider only.
GST Laws means IGST Act, GST (Compensation to the State for Loss of Revenue) Act, CGST Act, UTGST Act and SGSCT Act, 2017 and all related ancillary legislations).
Any other act to enable Accenture to claim credit of CGST, SGST, UTGST, IGST and Cess, as applicable thereon on the particular invoice/ debit note issued to Accenture, thereon in terms of the applicable GST laws.
The GST to be levied by the Centre on intra-State supply of goods and / or services would be called the Central GST (CGST) and that to be levied by the States/ Union territory would be called the State GST (SGST)/ UTGST.
For the purpose of this Agreement, GST shall include the Central Goods and Services Tax (CGST), the State Goods and Services Tax (SGST), Union Territory Goods and Services Tax (UTGST) and/or the Integrated Goods and Services Tax (IGST), compensation cess or any other indirect taxes including cess as may be applicable.
You shall also ensure full compliance with the provisions of Integrated Goods and Services Tax (IGST), Central Goods and Services Tax (CGST) and Union Territory Goods and Services Tax (UTGST) or State Goods and Services Tax (SGST) in respect of the goods/services supplied by you.
GST Law mandates Tax Deduction at Source (TDS) vide Section 51 of the CGST/SGST Act 2017, Section 20 of the IGST Act, 2017and Section 21 of the UTGST Act, 2017.
GST include CGST, SGST, IGST, UTGST or any other tax under this nomenclature that may be imposed by the government from time to time.
For the purpose of the Contract, the term “GST” or “GST Act” includes the following statutes, as amended from time to time, and the taxes levied under them: Central Goods and Service Tax Act, 2017 (CGST), State Goods and Service Tax Act, 2017 (SGST), Integrated Goods and Service Tax Act, 2017 (IGST), Union Territory Goods and Service Tax Act, 2017 (UTGST).