Revision in Rate of Tax on Petrol, Aviation Fuel, Motor Spirit and Piped Natural Gas in Karnataka

Jul 16, 2018 | by Avantis RegTech Legal Research Team


The Government of Karnataka, under the Karnataka Sales Tax Act, 1957 read with Karnataka General Clauses Act, 1899, and in supersession of the Notification No. FD 49 CSL 2017(11), dated June 29, 2017 has reduced the tax payable by a dealer under Section 5 of the said Act on the sale of goods specified in the table below to the rate mentioned in the corresponding entries with effect from July 14, 2018:

Description of the goods

Rate of Tax

Petrol

Thirty two per cent

Aviation Fuel

Twenty-eight per cent

Motor spirit not falling under SI.Nos. 1 and 2 above

Twenty-one per cent

Piped Natural Gas (PNG)

Five and one half per cent

 

[Notification No. FD 37 CSL 2018]

URL: http://gst.kar.nic.in/latestupdates/Notification_Petrol.pdf


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