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    <title>Seeks to insert explanation in an entry in notification No. 12/2017 – Union Territory Tax (Rate) by exercising powers conferred under section 8(3) of UTGST Act, 2017.</title>
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    <description>Notification No.23/2018 inserts an Explanation into Notification No.12/2017 (Table, serial 41, column (3)) clarifying that for the stated exemption the Central Government, State Government or Union territory must have fifty per cent or more ownership in the entity, directly or through an entity wholly owned by such government, thereby defining the ownership condition for exemption eligibility.</description>
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