https://www.taxtmi.com/caselaws?id=797620 Assignment by sale or transfer of long-term leasehold rights in land and building transfers benefits arising from immovable property, with the assignee stepping into the original lessee's position. Such assignment falls outside the scope of taxable supply under Section 7(1)(a), read with Schedule II and Schedule III, and is therefore not chargeable to GST under Section 9. Input tax credit cannot arise for payment of GST on this non-taxable transaction. Consequently, a GST show-cause notice and demand founded on taxability of the leasehold-right assignment are unsustainable. en-us Fri, 14 Aug 2026 00:00:00 +0530 Tue, 25 Aug 2026 08:34:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797620 Assignment by sale or transfer of long-term leasehold rights in land and building transfers benefits arising from immovable property, with the assignee stepping into the original lessee's position. Such assignment falls outside the scope of taxable supply under Section 7(1)(a), read with Schedule II and Schedule III, and is therefore not chargeable to GST under Section 9. Input tax credit cannot arise for payment of GST on this non-taxable transaction. Consequently, a GST show-cause notice and demand founded on taxability of the leasehold-right assignment are unsustainable. Case-Laws GST Fri, 14 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797620