https://www.taxtmi.com/caselaws?id=774390 The Gujarat HC quashed a GST demand on transfer of leasehold rights, following precedent in Gujarat Chamber of Commerce case. The court held that assignment of leasehold rights of industrial plot from original lessee to third party for lumpsum consideration does not constitute "supply" under GST law, as it involves transfer of benefits arising from immovable property rather than taxable supply. The petitioner's case involved similar transfer of leasehold rights through assignment deed, making the GST levy illegal and without jurisdiction. The impugned order and show cause notice were set aside. en-us Tue, 06 May 2025 00:00:00 +0530 Tue, 08 Jul 2025 08:36:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774390 The Gujarat HC quashed a GST demand on transfer of leasehold rights, following precedent in Gujarat Chamber of Commerce case. The court held that assignment of leasehold rights of industrial plot from original lessee to third party for lumpsum consideration does not constitute "supply" under GST law, as it involves transfer of benefits arising from immovable property rather than taxable supply. The petitioner's case involved similar transfer of leasehold rights through assignment deed, making the GST levy illegal and without jurisdiction. The impugned order and show cause notice were set aside. Case-Laws GST Tue, 06 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774390