Amendment in Notification No. 12/2017- State Tax (Rate), dated the 7th July, 2017 - 28/2019-State Tax (Rate) - Mizoram SGST

No. J.21011/2/2019 (l) GOVERNMENT OF MIZORAM TAXATION DEPARTMENT NOTIFICATION No. 28/2019-State Tax (Rate) Dated Aizawl, the 5th Feb., 2020 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 Mizoram Goods and Services Tax Act, 2017 (6 of 2017), the Governor of Mizoram, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of Mizoram, No.12/2017- State Tax (Rate), dated the 7th July, 2017, published in the Mizoram Gazette, Extraordinary, VOL-XLVI, Issue No. 327, dated the 11th July, 2017, namely:- In the said notification, in the Table, against serial number 41, - (a) in column (3), for the figure 50 , at both the places where they occur, the figure 20 shall be substituted; (b) for the entry in column (5), the following entries shall be substituted, namely, - (5) 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 financial 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 shall 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 in force with effect from the 1 st day of January 2020. Sd/-VANLAL CHHUANGA Commr. Secretary to the Govt. of Mizoram Taxation Department