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of <h1>New UTGST Rates Announced: 7 Slabs from 0.125% to 14% for Intra-State Goods as per Notification No. 1/2017</h1> The Government of India, under the Union Territory Goods and Services Tax Act, 2017, has issued Notification No. 1/2017 specifying the rates of Union Territory GST (UTGST) applicable to various goods. The rates are categorized into seven slabs: 2.5%, 6%, 9%, 14%, 1.5%, 0.125%, and 0.75%, depending on the goods specified in the corresponding schedules. These rates apply to intra-State supplies of goods, with descriptions and tariff classifications specified in the schedules. The notification is effective from July 1, 2017, and includes detailed lists of goods and their applicable rates, ensuring compliance with the GST framework.
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