https://www.taxtmi.com/notifications?id=138167 The amendment reduces the specified figure from fifty to twenty and substitutes provisos making exemption on long term lease contingent on use for allotted industrial or financial activity, State Government monitoring and enforcement, and a requirement that original lessor, original lessee and any subsequent lessee, buyer or owner be jointly and severally liable to pay central tax (with interest and penalty) on any violation or change of land use; lease and sale agreements must record the exemption and obligate compliance. The amendment is effective from 1 January 2020. en-us Tue, 31 Dec 2019 00:00:00 +0530 Tue, 26 Apr 2022 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=138167 The amendment reduces the specified figure from fifty to twenty and substitutes provisos making exemption on long term lease contingent on use for allotted industrial or financial activity, State Government monitoring and enforcement, and a requirement that original lessor, original lessee and any subsequent lessee, buyer or owner be jointly and severally liable to pay central tax (with interest and penalty) on any violation or change of land use; lease and sale agreements must record the exemption and obligate 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=138167