https://www.taxtmi.com/notifications?id=132494 Amends an Uttar Pradesh GST exemption notification for long-term lease of plots in industrial or financial business areas by substituting the figure 20 for 50 and replacing the attached conditions. The revised provisos require leased plots to be used only for the allotted industrial or financial purpose, require State Government monitoring and enforcement, impose joint and several liability for tax, interest and penalty on violation or change of land use, and require lease and transfer agreements to record the exemption and compliance obligations. The amendment takes effect from 1 January 2020. en-us Wed, 05 Feb 2020 00:00:00 +0530 Thu, 25 Jun 2026 15:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=132494 Amends an Uttar Pradesh GST exemption notification for long-term lease of plots in industrial or financial business areas by substituting the figure 20 for 50 and replacing the attached conditions. The revised provisos require leased plots to be used only for the allotted industrial or financial purpose, require State Government monitoring and enforcement, impose joint and several liability for tax, interest and penalty on violation or change of land use, and require lease and transfer agreements to record the exemption and compliance obligations. The amendment takes effect from 1 January 2020. Notifications GST - States Wed, 05 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=132494