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of <h1>Karnataka Amends GST Notification (01/2017): New Tax Rates and Product Classifications Effective January 1, 2022.</h1> The Government of Karnataka has issued amendments to Notification No. (01/2017) under the Karnataka Goods and Services Tax Act, 2017. These changes, effective from January 1, 2022, involve revisions in tax entries across various schedules with different tax rates. Specific amendments include modifications to product classifications and descriptions, such as those related to dairy products, edible animal products, fats and oils, juices, and machinery. New entries have been added, and some existing entries have been omitted. The notification outlines detailed changes across Schedules I, II, III, and IV, affecting tax rates of 2.5%, 6%, 9%, and 14% respectively.
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