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of <h1>Karnataka Amends GST Notification 12/2017: New Exemptions for Transport, Banking, and Rehabilitation Services Effective January 1, 2019.</h1> The Government of Karnataka has amended Notification No. 12/2017 under the Karnataka Goods and Services Tax Act, 2017, effective January 1, 2019. The amendments include the addition of exemptions for goods transport services provided to government entities and services offered by banks to Basic Saving Bank Deposit account holders under the Pradhan Mantri Jan Dhan Yojana. It also introduces exemptions for rehabilitation services provided by recognized professionals. Furthermore, it defines 'financial institution' as per the Reserve Bank of India Act. These changes are made in public interest based on the Council's recommendations.
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