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of <h1>Karnataka Extends Deadline for Promoters to Opt for Previous GST Rates with ITC to 20th of the Month.</h1> The Government of Karnataka has amended Notification No. 11/2017-Central Tax (Rate) to extend the deadline for promoters to opt for paying tax at the previous rates of 12% or 8% with Input Tax Credit (ITC). This change is made under the Karnataka Goods and Services Tax Act, 2017, following recommendations from the Council. Specifically, in the notification, the date '10th' in the table against serial number 3 and Annexure IV is replaced with '20th.' This amendment is issued in the public interest by the Finance Department, under the authority of the Governor of Karnataka.
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