The Finance Department, Govt. of Karnataka on January 17, 2025, issued an amendment in the older notification (02/2017) No. FD 48 CSL 2017, dated June 29, 2017, related to exempting intra-state supplies of specified goods from the entire central tax levied under Section 9 of the KGST Act, 2017.
The following has been stated namely: -
• In the Schedule, after S. No. 105 and the entries relating thereto, the following S. No. and entries shall be inserted: - “105A. 30 Gene Therapy”.
• In the Explanation, for clause (ii) and the proviso appended to it, the following clause shall be substituted, namely: -
“(ii) The expression ‘pre-packaged and labeled’ means all commodities that are intended for retail sale and containing not more than 25 kg or 25 litre, which are ‘pre-packed’ as defined in clause (l) of section 2 of the Legal Metrology Act, 2009 (1 of 2010) where, the package in which the commodity is pre-packed or a label securely affixed thereto is required to bear the declarations under the provisions of the Legal Metrology Act, 2009 (1 of 2010) and the rules made thereunder.”
• This shall come into effect from January 16, 2025.
[Notification No. - (02/2025) FD 02 CSL 2025]
