GST rate amendment increases tax rate for specified entry effective mid-January under state statutory authority. Amendment to Karnataka GST notification substitutes the tax rate entry against Serial No. 4 in the TABLE of the earlier notification, replacing the prior rate with a higher specified rate for that entry. The change is made under section 11(1) of the Karnataka Goods and Services Tax Act, 2017 on the Council's recommendation and takes effect from 16th January 2025.
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GST rate amendment increases tax rate for specified entry effective mid-January under state statutory authority.
Amendment to Karnataka GST notification substitutes the tax rate entry against Serial No. 4 in the TABLE of the earlier notification, replacing the prior rate with a higher specified rate for that entry. The change is made under section 11(1) of the Karnataka Goods and Services Tax Act, 2017 on the Council's recommendation and takes effect from 16th January 2025.
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