https://www.taxtmi.com/caselaws?id=767161 GST liability is questioned on the assignment of leasehold rights in a MIDC plot, together with buildings constructed on it, for lump sum consideration, on the basis that the transaction is a transfer of leasehold rights rather than a taxable supply. The Court noted that an earlier Division Bench view of another High Court supported that position and that no contrary view was placed before it, so the issue was treated as requiring further consideration. Interim protection was granted for the petitioners' listed entities: adjudication of show cause notices remained stayed, and any adjudication orders already passed also remained stayed pending further hearing. en-us Tue, 04 Mar 2025 00:00:00 +0530 Tue, 11 Mar 2025 08:33:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767161 GST liability is questioned on the assignment of leasehold rights in a MIDC plot, together with buildings constructed on it, for lump sum consideration, on the basis that the transaction is a transfer of leasehold rights rather than a taxable supply. The Court noted that an earlier Division Bench view of another High Court supported that position and that no contrary view was placed before it, so the issue was treated as requiring further consideration. Interim protection was granted for the petitioners' listed entities: adjudication of show cause notices remained stayed, and any adjudication orders already passed also remained stayed pending further hearing. Case-Laws GST Tue, 04 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767161