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<h1>GST Rate Notification: State tax rates prescribed across multiple schedules for intra State goods supplies.</h1> Notification under section 9(1) of the Karnataka Goods and Services Tax Act, 2017 prescribes six State tax rate bands (2.5%, 6%, 9%, 14%, 1.5% and 0.125%) to be levied on intra State supplies of goods specified in the appended Schedules. Each Schedule lists tariff classifications and descriptions of goods to which the respective rate applies. The notification defines key terms (unit container, brand name, registered brand name), adopts the Customs Tariff First Schedule interpretation rules for construction, and takes effect from 1 July 2017.
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