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of <h1>Karnataka GST Act 2017: State Tax Rates Notified for Goods in Schedules I-VI, Effective July 1, 2017.</h1> The Government of Karnataka, under the Karnataka Goods and Services Tax Act, 2017, has notified the state tax rates for various goods as recommended by the Council. The rates are categorized as follows: 2.5% for goods in Schedule I, 6% for Schedule II, 9% for Schedule III, 14% for Schedule IV, 1.5% for Schedule V, and 0.125% for Schedule VI. These rates are applicable to intra-State supplies of goods as specified in the respective schedules. The notification specifies the tariff items, sub-headings, and descriptions of goods subject to these tax rates. The notification is effective from July 1, 2017.
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