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<h1>Karnataka Amends GST Notification: Serial No. 41 Updated for Leased Plots' Use, Effective January 2020.</h1> The Government of Karnataka has amended Notification No. FD 48 CSL 2017, originally issued on June 29, 2017, under the Karnataka Goods and Services Tax Act, 2017. Effective January 1, 2020, the amendment modifies serial number 41 in the notification's table, changing the figure '50' to '20' in column (3). It also updates column (5) to specify that leased plots must be used for their intended industrial or financial purposes. The State Government will enforce this condition, and any violation will result in joint liability for state tax, interest, and penalties. Lease agreements must reflect these conditions.