The Department of Commercial Taxes, Govt. of Karnataka on December 22, 2025, issued the amendment to the older notification no. 15/2018-19, February 26, 2019, stating the certification of amounts eligible as interest-free loans as incentives to the Industrial Units under Industrial Policies.
The following has been amended, namely: -
• Serial No. 8, Sub-serial No. (2), Clause (f): The amendment specifies that only goods processed by the industrial unit and finally consumed within the State of Karnataka shall be considered for computing the eligible Gross SGST. “Final consumption” includes cases where goods supplied to in-state customers are further processed within Karnataka into a distinct, value-added commercial product.
• Serial No. 13, Clause (c): Industrial units are required to submit, along with quarterly or annual incentive claims, declarations from each registered buyer within the State confirming that the purchased goods were not used for inter-State supplies or exports. If any inter-state supply or export has taken place, complete details shall be furnished along with the certification request.
[Notification no. - KSA.GST.CR-02/2025-26]
