https://www.taxtmi.com/notifications?id=132288 The amendment revises tax treatment of long term leases of industrial or financial plots by conditioning exemption on continued use for the allotted purpose, imposing State monitoring obligations, creating joint and several liability of original and subsequent lessors, lessees, buyers or owners for state tax, interest and penalty upon violation or change of land use, and mandating that lease, sublease and sale agreements disclose the exemption and bind successors to comply. en-us Wed, 11 Mar 2020 00:00:00 +0530 Sat, 21 Mar 2020 16:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=132288 The amendment revises tax treatment of long term leases of industrial or financial plots by conditioning exemption on continued use for the allotted purpose, imposing State monitoring obligations, creating joint and several liability of original and subsequent lessors, lessees, buyers or owners for state tax, interest and penalty upon violation or change of land use, and mandating that lease, sublease and sale agreements disclose the exemption and bind successors to comply. Notifications GST - States Wed, 11 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=132288