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Insert explanation in an entry in notification No. S.R.O.No. 371/2017 by exercising powers conferred under section 11(3) of KSGST Act, 2017

O. No. 935/2018.-In exercise of the powers conferred by sub-section (3) of section 11 of the Kerala State Goods and Services Tax Act, 2017 (20 of 2017), the Government of Kerala, on the recommendations of the Council, and on being satisfied that it is necessary so to do for the purpose of clarifying the scope and applicability of the notification issued under G. O. (P) No. 73/2017/TAXES dated 30th .....

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term lease of thirty years or more of industrial plots for development of infrastructure for financial business provided by the State Government Industrial Development Corporation or undertakings or any other entity having fifty percent or more ownership of Central Government, State Government, Union territory to the Industrial Units of the developers in any industrial or financial area are exempt .....

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