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<h1>Karnataka Amends GST Notification: New Tax Rates, Item Classifications, and Additions Effective October 2019.</h1> The Government of Karnataka has issued amendments to Notification No. 01/2017 under the Karnataka Goods and Services Tax Act, 2017, effective from October 1, 2019. Key changes include modifications in tax rates and classifications across various schedules. In Schedule I, certain items are omitted, and new ones like Marine Fuel 0.5% and Wet grinders are added. Schedule II sees the addition of woven bags and rail locomotives. Schedule III includes caffeinated beverages and specific motor vehicles for persons with disabilities. Schedule IV adds caffeinated beverages, while Schedules V and VI see omissions and redefinitions concerning precious stones.
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