Amendment in Notification No. (13/2017) FD 48 CSL 2017 dated the 29th June, 2017 - (15/2018) FD 48 CSL 2017 - Karnataka SGST

FINANCE SECRETARIAT NOTIFICATION (15/2018) No: FD 48 CSL 2017, Bengaluru, dated: 26/07/2018 In exercise of the powers conferred by sub-section (1) of section 11 of the Karnataka Goods and Services Tax Act, 2017 (Karnataka Act 27 of 2017), the Government of Karnataka, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby makes the following further amendments in the notification (13/2017) No. FD 48 CSL 2017 of the Government of Karnataka, dated the 29 th June, 2017, published in the Karnataka Gazette, Extraordinary, Part IVA, Number 603, dated the 29 th June, 2017, namely :- In the said notification, - (i) in the Table, after serial number 10 and the entries relating thereto, the following serial number and entries shall be inserted, namely: - (1) (2) (3) (4) 11 Services supplied by individual Direct Selling Agents (DSAs) other than a body corporate, partnership or limited liability partnership firm to bank or non-banking financial company (NBFCs). Individual Direct Selling Agents (DSAs) other than a body corporate, partnership or limited liability partnership firm. A banking company or a non-banking financial company, located in the taxable territory. ; (ii) in the Explanation, after clause (f), the following clause shall be inserted, namely: - (g) renting of immovable property means allowing, permitting or granting access, entry, occupation, use or any such facility, wholly or partly, in an immovable property, with or without the transfer of possession or control of the said immovable property and includes letting, leasing, licensing or other similar arrangements in respect of immovable property. . 2. This notification shall come into force with effect from 27th of July, 2018. By Order and in the name of the Governor of Karnataka, K. S. PADMAVATHI Under Secretary to Government, Finance Department (C.T.-1)