GST rate schedule amendments reclassify goods, insert and omit tariff entries, and adjust applicable tax slabs and descriptions. The Government amends the Karnataka GST notification under sub-section (1) of section 9 to reclassify and refine tariff entries across Schedule I (2.5%), Schedule II (6%), Schedule III (9%) and Schedule IV (14%) by inserting, substituting and omitting specific serial numbers and commodity descriptions, thereby reallocating certain goods between rate categories and specifying exclusions and scope refinements; the amendments take effect from 27th July, 2018.
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GST rate schedule amendments reclassify goods, insert and omit tariff entries, and adjust applicable tax slabs and descriptions.
The Government amends the Karnataka GST notification under sub-section (1) of section 9 to reclassify and refine tariff entries across Schedule I (2.5%), Schedule II (6%), Schedule III (9%) and Schedule IV (14%) by inserting, substituting and omitting specific serial numbers and commodity descriptions, thereby reallocating certain goods between rate categories and specifying exclusions and scope refinements; the amendments take effect from 27th July, 2018.
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