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of <h1>Karnataka GST Act 2017: New 0.75% Tax Rate, Schedule Updates, Redefines 'Pre-packaged' Goods Effective July 18, 2022.</h1> The Government of Karnataka, under the Karnataka Goods and Services Tax Act, 2017, has issued amendments to Notification FD 48 CSL 2017, effective July 18, 2022. Key changes include the introduction of a new tax rate of 0.75% for certain goods in Schedule VII, modifications to existing schedules with updates on tax rates and descriptions, and the redefinition of 'pre-packaged and labelled' goods as per the Legal Metrology Act, 2009. Several entries have been added or omitted across various schedules, affecting goods like dairy products, jaggery, leather, e-waste, and more.
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