GST taxability of revenue-sharing development agreements stayed pending further steps after prima facie challenge succeeded.

A revenue-sharing development agreement raised an arguable challenge on whether development rights and related arrangements amounted to a taxable supply of services under GST. The Court treated the dispute as comparable in principle to earlier GST controversies involving transfer of immovable property and found a prima facie case for interim protection. Accordingly, it stayed further steps under the impugned order and granted interim relief, while directing exchange of replies and rejoinders.

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Issues: Whether the revenue sharing arrangement under the development agreement constituted a supply of services exigible to GST, and whether interim protection against further action under the impugned order was warranted.

Analysis: The petition raised an arguable challenge on the taxability of development rights under a revenue sharing arrangement. The Court found the controversy similar in principle to prior GST disputes involving transfer of immovable property and held that a prima facie case for interim relief was made out.

Outcome: Rule issued. Interim relief granted by staying further steps pursuant to the impugned order. Replies and rejoinders directed to be filed.

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