2004: KAR. ACT 32]                                                                           Value Added Tax                                                                                           725

KARNATAKA ACT NO. 32 OF 2004

(First published in the Karnataka Gazette Extraordinary on the twentythird day of December 2004)

THE KARNATAKA VALUE ADDED TAX ACT, 2003

(Received the assent of the President on the fifteenth day of December, 2004)

(As amended by Act 6 of 2005, 11 of 2005, 27 of 2005, 4 of 2006, 6 of 2007, 5 of 2008, 5 of 2009 and 4 of 2010)

An Act to provide for further levy of tax on the purchase or sale of goods in the State of Karnataka.

Be it enacted by the Karnataka State Legislature in Fifty-fourth year of the Republic of India, as follows:-

Chapter I

Introduction

1. Short title, extent and commencement.-

(1) This Act may be called the Karnataka Value Added Tax Act 2003.

(2) It extends to the whole of the State of Karnataka.

(3) It shall come into force on such date as the Government may, by notification, appoint and different dates may be appointed for different provisions of the Act.

(4) The tax shall be levied on the sale or purchase of goods made after such date as the Government may, by notification, appoint and different dates may be appointed for different class or classes of goods.