https://www.taxtmi.com/caselaws?id=796441 Assignment by sale and transfer of long-term leasehold rights in land and building transfers the benefits arising from immovable property to the assignee, who replaces the existing lessee. The notes state that this transaction falls outside taxable supply under the GST framework, including Section 7(1)(a), Schedule II and Schedule III, so GST under Section 9 does not apply. On that basis, the action initiated under Section 73 was quashed, consistent with an earlier binding decision whose challenge before the Supreme Court had been dismissed. en-us Thu, 30 Jul 2026 00:00:00 +0530 Wed, 05 Aug 2026 08:48:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796441 Assignment by sale and transfer of long-term leasehold rights in land and building transfers the benefits arising from immovable property to the assignee, who replaces the existing lessee. The notes state that this transaction falls outside taxable supply under the GST framework, including Section 7(1)(a), Schedule II and Schedule III, so GST under Section 9 does not apply. On that basis, the action initiated under Section 73 was quashed, consistent with an earlier binding decision whose challenge before the Supreme Court had been dismissed. Case-Laws GST Thu, 30 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796441