Seeks to insert explanation in an item in notification No.(11/2017) FD 48 CSL 2017 dated 29th June, 2017 - (17/2018) FD 48 CSL 2017 - Karnataka SGST

FINANCE SECRETARIAT NOTIFICATION (17/2018) No: FD 48 CSL 2017, Bengaluru, dated: 26/07/2018 In exercise of the powers conferred by sub section (3) of section 8 of the Karnataka Goods and Services Tax Act, 2017 (Karnataka Act 27 of 2017), the Government of Karnataka, on the recommendations of the Council, and on being satisfied that it is necessary so to do for the purpose of clarifying the scope and applicability of the notification (11/2017) 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 601, dated the 29 th June, 2017, hereby inserts following explanation in the said notification, in the Table, against serial number 3, in column (3), in item (vi), namely :- Explanation. - For the purposes of this item, the term business shall not include any activity or transaction undertaken by the Central Government, a State Government or any local authority in which they are engaged as public authorities. . 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)