14 notification No. F- A -3-42-2017-1-V - (14) Bhopal Dated 20-03-2020

vt Sr ale fear or WaT 2. Tae, Feaqy Was, Boe ara, fear 20 ard 2020 Sh. Wh 3-42-2017-1-Fa( 14). eae Aer sik Gat at sifafas, 2017 (Hui 19, 4 2017) Hl URI 9 at saat (3) ak sau (4), UT 11 St SIRT (1), ART 15 Bl START (5) sik aR 148 H ded Ved Vat aT at Pefetad die aut ¢, aa: (He) Bier (3) A, at 50”, 3a ST amet WR Seat Be ome ST, BIA WH ate 20” Bt yfreenfta fear sen; (@) wie (5) at vale & tam Wy Peafeafad ofa ar ufcentta fen aren, an :— aed fe oe We fea We rem HI STAM sat wera ch fers fen ae sim fora fore gre sted frat war , vai fet sents a fata arnite aa 4 sitehtfre a facta arta zg; ak sage wd at ary aon; aya ait of fe ale ag sees Has a ae A yoo A ale aRada din Z, are fora fet tt arr ait srer-arem ft wer at at sort Uf ar a HEA fed cet aA fart fe afe ae we 7 @o7é Std dt eres a chlearin ve we fea a at fea A oonfta srpbe Gea” ey Bia, aT a 4 oy oe am wit at yar eel & wfa Sh ver cet ei. 268 Fever waa, feats 20 Ard 2020 ard site of fae afe Her vgreal ar Ae VENT aT Tae aI GETTY A Sy VEIT & TA HY HM eta T aaa ta wes Hi Te VEIT A aT wT Tart ara ve a fast & ferme are A HE VET A Uemnet St Fe Vest sr cree at dares us we fea a HR Tea HS Be MEH al TE 2. ae afegen fete 1 sat, 2020 A ary eri. atfefa apart frat, srataa. sire, feat 20 Ard 2020 rat @. afefa aare faut, stafaa. Bhopal, the 20th March 2020 No. F-A-3-42-2017-1-V(14).—In exercise of the powers conferred by sub-section (3) and sub-section (4) of Section 9, sub-section (1) of Section 11, sub-section (5) of Section 15 and Section 148 of the Madhya Pradesh Goods and Services Tax Act, 2017 (19 of 2017), the State Government, on the recommendations of the Council, hereby makes the following further amendments in this department Notification No. F-A-3-42-2017-I-V (53), dated In the said notification, in the Table, against serial number 41,— (a) (b) in column (3), for the figure "50", at both the places where they occur, the figure "20" shall be substituted; for the entry in column (5), the following entries shall be substituted, namely :— “Provided that the leased plots shall be used for the purpose for which they are allotted, that is, for industrial or financial activity in an industrial or financil business area: Provided further that the State Government concerned shall monitor and enforce the above condition as per the order issued by the State Government in this regard: Provided also that in case of any violation or subsequent change of land use, due to any reason whatsoever, the original lessor, original lessee as well as any subsequent lessee or buyer or owner shall be jointly and severally liable to pay such amount of State tax, as would have been payable on the upfront amount charged for the long term lease of the plots but for the exemption contained herein, along with the applicable interest and penalty: Provided also that the lease agreement entered into by the original lessor with the original lessee or subsequent lessee, or sub-lessee, as well as any subsequent lease or sale agreements, for lease or sale of such plots to subsequent lessees or buyers or owners shal] incorporate in the terms and conditions, the fact that the State tax was exempted on the long term lease of the plots by the original lessor to the original lessee subject to above condition and that the parties to the said agreements undertake to comply with the same.". 2. This notification shall come into force with efffect from the 1* day of January, 2020. By order and in the name of the Governor of Madhya Pradesh, ADITI KUMAR TRIPATHI, Dy. Secy. Pris, vests ARO ae ce Creal, Tee SRT aS Sens ROME, ie a Aix en wer sI—2020.