Karnataka Amends GST Notification No. 12/2017 to Expand Service Exemptions for Government Entities and Essential Services.

The Government of Karnataka has amended Notification No. 12/2017 under the Karnataka Goods and Services Tax Act, 2017 to exempt certain services. Key amendments include: adding "Government Entity" to specific exemptions, introducing new exemptions for composite supply of goods and services to government bodies, extending exemption periods for transportation services, and adding exemptions for services related to education, insurance, and financial services. Changes also include adjustments to service duration and monetary thresholds. These amendments aim to align with public interest and recommendations from the Council, effective immediately, with some conditions expiring by September 30, 2018.

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