https://www.taxtmi.com/notifications?id=131821 Amendment reduces the figure in column (3) against serial number 41 from 50 to 20 and substitutes column (5) to condition the concessional treatment of long term leases on use for allotted industrial or financial purposes, require State Government monitoring and enforcement, impose joint and several liability on original and subsequent lessors/lessees or buyers for state tax, interest and penalty if use is violated or changed, and mandate that lease and sale agreements record the tax exemption subject to compliance. The amendment is effective from 1 January 2020. en-us Tue, 31 Dec 2019 00:00:00 +0530 Wed, 01 Jan 2020 18:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=131821 Amendment reduces the figure in column (3) against serial number 41 from 50 to 20 and substitutes column (5) to condition the concessional treatment of long term leases on use for allotted industrial or financial purposes, require State Government monitoring and enforcement, impose joint and several liability on original and subsequent lessors/lessees or buyers for state tax, interest and penalty if use is violated or changed, and mandate that lease and sale agreements record the tax exemption subject to compliance. The amendment is effective from 1 January 2020. Notifications GST - States Tue, 31 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=131821