https://www.taxtmi.com/caselaws?id=769462 Assignment of leasehold rights in a MIDC-allotted plot with buildings, for lump-sum consideration, was treated as an issue concerning whether such transfer amounts to assignment of benefits arising from immovable property and thus falls outside GST levy under Section 7(1)(a) read with Schedules II and III of the CGST Act. The Court noted that a Division Bench had already taken this view, no contrary authority was cited, and similar matters were under interim protection. Ad-interim relief was granted restraining further steps pursuant to the impugned show cause notice pending further hearing. en-us Thu, 17 Apr 2025 00:00:00 +0530 Fri, 25 Apr 2025 08:53:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769462 Assignment of leasehold rights in a MIDC-allotted plot with buildings, for lump-sum consideration, was treated as an issue concerning whether such transfer amounts to assignment of benefits arising from immovable property and thus falls outside GST levy under Section 7(1)(a) read with Schedules II and III of the CGST Act. The Court noted that a Division Bench had already taken this view, no contrary authority was cited, and similar matters were under interim protection. Ad-interim relief was granted restraining further steps pursuant to the impugned show cause notice pending further hearing. Case-Laws GST Thu, 17 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769462