https://www.taxtmi.com/article/detailed?id=14665 Whether GST is leviable on assignment of leasehold rights and buildings was disputed; the petitioner argued such assignments are transactions in immovable property and not taxable. The High Court granted an interim stay on the adjudication order treating the assignment as a supply, stayed implementation of the impugned order, and listed the matter for final hearing alongside connected petitions, relying on precedents characterising assignment of leasehold rights as transfers of immovable property not subject to GST. en-us Thu, 19 Jun 2025 08:29:57 +0530 Thu, 19 Jun 2025 08:29:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14665 Whether GST is leviable on assignment of leasehold rights and buildings was disputed; the petitioner argued such assignments are transactions in immovable property and not taxable. The High Court granted an interim stay on the adjudication order treating the assignment as a supply, stayed implementation of the impugned order, and listed the matter for final hearing alongside connected petitions, relying on precedents characterising assignment of leasehold rights as transfers of immovable property not subject to GST. Articles Goods and Services Tax - GST Thu, 19 Jun 2025 08:29:57 +0530 https://www.taxtmi.com/article/detailed?id=14665