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of <h1>Karnataka GST Rules Amended: Threshold Reduced from Rs. 20 Crore to Rs. 10 Crore from October 1, 2022.</h1> The Government of Karnataka has amended Notification No. FD 03 CSL 2020, dated March 27, 2020, under the Karnataka Goods and Services Tax Rules, 2017. Effective October 1, 2022, the threshold for a specified provision has been reduced from 'twenty crore rupees' to 'ten crore rupees.' This amendment follows recommendations from the Council and is published in the Karnataka Gazette. The change is authorized by the Under Secretary to the Government, Finance Department, in the name of the Governor of Karnataka.
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