State Tax seeks to further amend notification No. 3/2017 - State Tax so as to prescribe effective rate of tax under composition scheme for manufacturers and other suppliers - 01/2018 - Karnataka SGST

FINANCE SECRETARIAT NOTIFICATION (01/2018) No. FD 47 CSL 2017, Bengaluru, Dated: 01-01-2018 In exercise of the powers conferred by sub-section (1) of section 10 of the Karnataka Goods and Services Tax Act, 2017 (Karnataka Act 27 of 2017) the Government of Karnataka, on the recommendations of the Council, hereby makes the following further amendments in the Notification (3) No. FD 47 CSL 2017, dated the 28th June 2017, published in the Karnataka Gazette, Extraordinary, Part-IVA, Number 583, dated the 28th June 2017, namely:- In the said Notification, in the opening paragraph, (a) in clause (i), for the words one per cent. , the words half per cent. shall be substituted; (b) in clause (iii), for the words half per cent. of the turnover , the words half per cent. of the turnover of taxable supplies of goods shall be substituted. By order and in the name of the Governor of Karnataka, K.S. PADMAVATHI Under Secretary to Government, Finance Department (C.T.- 1)