Govt. of Karnataka issued an amendment to the notification related to the rate of tax levied on intra-state supplies of goods

Oct 26, 2023 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Government of Karnataka on October 20, 2023, issued a notification regarding the amendment to Notification No. FD 48 CSL 2017 dated June 29, 2017, specifies the rate of tax levied on intra-state supplies of goods

This notification shall come into force on October 20, 2023

The following has been amended namely: -

• In Schedule I – 2.5%, -

(i) After S. No. 92 which states” Palmyra sugar” and the entries relating thereto, the following S. No. and entries shall be inserted, namely: -

“92A, 1703, Molasses”

• In Schedule III – 9%, -

(i) against S. No. 13 in column (3), for the words and figures “of heading 1905”, the words and figures “of heading 1905; food preparation of millet flour, in powder form, containing at least 70% millets by weight, pre-packaged and labeled” shall be substituted

 

[Notification No. FD 16 CSL 2023]


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