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of <h1>Karnataka Amends GST Notification: Changes Tax Calculation Method, References Rule 7 for Tax Rate on Goods Supplies.</h1> The Government of Karnataka has issued an amendment to Notification No. FD 47 CSL 2017, originally dated June 28, 2017, under the Karnataka Goods and Services Tax Act, 2017. Effective from February 1, 2019, the amendment changes the calculation method for tax on taxable supplies of goods in the state. The previous wording regarding the tax rate is replaced with a reference to the rate specified in rule 7 of the Karnataka Goods and Services Tax Rules, 2017. This amendment is issued by the Finance Department on the recommendation of the Council.
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