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of <h1>Amendment to Union Territory Tax Notification Adjusts Rates for Fabrics and Yarns, Effective January 1, 2022.</h1> The notification dated November 18, 2021, amends the Union Territory Tax (Rate) Notification No. 1/2017, effective from January 1, 2022. It modifies tax rates under the Union Territory Goods and Services Tax Act, 2017, by omitting and inserting various serial numbers and entries in Schedules I, II, and III. Changes include the addition of woven fabrics, synthetic and artificial filament yarns, and other textile materials to Schedule II at a 6% rate, while some items are omitted from the schedules. The notification aims to update the tax structure for specific goods, ensuring alignment with the Central Goods and Services Tax Act, 2017.
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