https://www.taxtmi.com/caselaws?id=795548 Assignment of leasehold rights by a lessee to a third-party assignee is addressed as a transfer of benefits arising from land rather than a taxable supply of services. The analysis distinguishes renting or leasing, treated as a supply of services under Schedule II, from the sale of land and sale of buildings excluded under Schedule III. Applying strict construction of taxing provisions, it states that GST is not leviable on an assignment of leasehold rights under section 7(1)(a). Special leave petitions challenging that position were dismissed following dismissal of a similar petition. en-us Tue, 21 Jul 2026 00:00:00 +0530 Thu, 23 Jul 2026 08:42:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795548 Assignment of leasehold rights by a lessee to a third-party assignee is addressed as a transfer of benefits arising from land rather than a taxable supply of services. The analysis distinguishes renting or leasing, treated as a supply of services under Schedule II, from the sale of land and sale of buildings excluded under Schedule III. Applying strict construction of taxing provisions, it states that GST is not leviable on an assignment of leasehold rights under section 7(1)(a). Special leave petitions challenging that position were dismissed following dismissal of a similar petition. Case-Laws GST Tue, 21 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795548