In exercise of the powers confered by sub-section (3) of Section 4 of the Karnataka Value added Tax Act, 2003 (Karnataka Act 32 of 2004), the Government of Karnataka hereby reduces with immediate effect the tax payable by a delaer under the said act to five and one half percent on the sale of Piped Natural Gas [PNG]
By order and in the Name of the Governor of Karnataka,
K. S. Padmavathi
Under Secretary to Government,
Finance Department [C.T.1]