GST threshold change: amendment reduces the notified monetary threshold, altering applicability under Karnataka GST rules. The amendment replaces the monetary threshold wording in the first paragraph of Notification (07/2020) No. FD 03 CSL 2020(e), altering the applicability criterion of that notification by substituting the earlier threshold wording with a lower threshold wording, effective as stated in this amendment issued under sub-rule (4) of rule 48 of the Karnataka Goods and Services Tax Rules, 2017.
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GST threshold change: amendment reduces the notified monetary threshold, altering applicability under Karnataka GST rules.
The amendment replaces the monetary threshold wording in the first paragraph of Notification (07/2020) No. FD 03 CSL 2020(e), altering the applicability criterion of that notification by substituting the earlier threshold wording with a lower threshold wording, effective as stated in this amendment issued under sub-rule (4) of rule 48 of the Karnataka Goods and Services Tax Rules, 2017.
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