Tax Rate Notification 08-2024

(cid:315)(cid:175)ೇಷ (cid:170)ಾಜ(cid:205) ಪ(cid:294)(cid:206)(cid:144)ೆ ¨sÁUÀ – 4J 18 2 024 26 1946) . 475 Part – IVA BENGALURU, FRIDAY, 18, OCTOBER, 2024(AASHWAYUJA, 26, SHAKAVARSHA, 1946) No. 475 GOVERNMENT OF KARNATAKA No. FD 02 CSL 2024 Karnataka Government Secretariat, Vidhana Soudha, Bengaluru, dated: 16/10/2024 NOTIFICATION (08/2024) In exercise of the powers conferred by sub-sections (3) and (4) of section 9, sub-section (1) of section 11, sub-section (5) of section 15 and section 148 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 amendment further to amend the Government of Karnataka Notification (12/2017) No. FD 48 CSL 2017, dated the 29th June, 2017, published in the Karnataka Gazette, Extraordinary, Part IVA, No.602, dated the 29th June, 2017, namely:- 1. (i) In the said notification, in the Table, - (A) after serial number 25 and the entries relating thereto, the following serial number and entries relating thereto in columns (2), (3), (4) and (5) shall be inserted, namely: - (1) (2) (3) (4) (5) “25A Heading Supply of services by way of Nil Nil” 9969 or providing metering equipment on Heading rent, testing for meters/ 9986 transformers/capacitors etc., releasing electricity connection, shifting of meters/service lines, issuing duplicate bills etc., which are incidental or ancillary to the supply of transmission and distribution of electricity provided by electricity transmission and distribution utilities to their consumers. (1)2 (B) after serial number 44 and the entries relating thereto, the following serial number and entries relating thereto in columns (2), (3), (4) and (5) shall be inserted, namely: - (1) (2) (3) (4) (5) “44A Heading Research and development services Nil Provided that the 9981 against consideration received in the research form of grants supplied by – association, university, (a) a Government Entity; or college or other (b) a research association, university, institution, college or other institution, notified notified under under clauses (ii) or (iii) of sub-section clauses (ii) or (1) of section 35 of the Income Tax (iii) of sub- Act, 1961 section (1) of section 35 of the Income Tax Act, 1961 is so notified at the time of supply of the research and development service” (C) after serial number 66 and the entries relating thereto, the following serial number and entries relating thereto in columns (2), (3), (4) and (5) shall be inserted, namely: - (1) (2) (3) (4) (5) “66A Heading Services of affiliation provided by a Nil Nil” 9992 Central or State Educational Board or Council or any other similar body, by whatever name called, to a school established, owned or controlled by the Central Government, State Government, Union Territory, local authority, Governmental authority or Government entity. (D) for serial number 69 and the entries relating thereto in columns (2), (3), (4) and (5), the following shall be substituted, namely: - (1) (2) (3) (4) (5) “69 Heading Any services provided by - Nil Nil” 9983 or Heading (a) the National Skill Development 9991 or Corporation set up by the Government Heading of India; 9992 (b) the National Council for Vocational Education and Training;R.N.I. No. KARBIL/2001/47147 POSTAL REGN. No. RNP/KA/BGS/2202/2017-19 Licensed to post without prepayment WPP No. 297 3 (c) an Awarding Body recognized by the National Council for Vocational Education and Training; (d) an Assessment Agency recognized by the National Council for Vocational Education and Training; (e) a Training Body accredited with an Awarding Body that is recognized by the National Council for Vocational Education and Training, in relation to- (i) the National Skill Development Programme or any other scheme implemented by the National Skill Development Corporation; or (ii) a vocational skill development course under the National Skill Certification and Monetary Reward Scheme; or (iii) any National Skill Qualification Framework aligned qualification or skill in respect of which the National Council for Vocational Education and Training has approved a qualification package. (E) against serial number 71, in column (3), for the words “National Council for Vocational Training”, the words “National Council for Vocational Education and Training” shall be substituted. (ii) in paragraph 2 of the said notification, (A) in item (h), - (a) in sub-item (i), for the words “National Council for Vocational Training”, the words “National Council for Vocational Education and Training” shall be substituted. (b) in sub-item (ii), for the words “National Council for Vocational Training”, the words “National Council for Vocational Education and Training” shall be substituted. 2. This notification shall be deemed to have come into force with effect from the 10th day of October, 2024. By Order and in the name of the Governor of Karnataka, (LALITHA H.R.) Under Secretary to Government, Finance Department (Exp 2 & 10) ಮುದ(cid:206)ಕರು (cid:178)ಾಗೂ ಪ(cid:206)(cid:144)ಾಶಕರು:- ಸಂಕಲ(cid:163)ಾ(cid:297)(cid:144)ಾ(cid:312)ಗಳ(cid:133), ಕ(cid:163)ಾ(cid:143)ಟಕ (cid:170)ಾಜ(cid:205)ಪತ(cid:206), ಸ(cid:144)ಾ(cid:143)(cid:312) (cid:144)ೇಂದ(cid:206) ಮುದ(cid:206)(cid:158)ಾಲಯ, (cid:166)ೆಂಗಳ(cid:136)ರು