Classification of gene therapy under state GST amended; new definition of pre packaged and labelled goods governs retail packaging. This notification amends the Karnataka GST schedule by inserting Gene Therapy as a new entry and substitutes the Explanation to define 'pre-packaged and labelled' as commodities intended for retail sale that are pre-packed under the Legal Metrology Act, 2009, where the package or a securely affixed label must bear the declarations required by that Act and its rules; the amendment is issued under state GST authority and takes effect from 16 January 2025.
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Classification of gene therapy under state GST amended; new definition of pre packaged and labelled goods governs retail packaging.
This notification amends the Karnataka GST schedule by inserting Gene Therapy as a new entry and substitutes the Explanation to define "pre-packaged and labelled" as commodities intended for retail sale that are pre-packed under the Legal Metrology Act, 2009, where the package or a securely affixed label must bear the declarations required by that Act and its rules; the amendment is issued under state GST authority and takes effect from 16 January 2025.
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