https://www.taxtmi.com/caselaws?id=800683 Assignment of leasehold rights in an industrial plot and building for consideration transfers the benefits of immovable property to the assignee, who replaces the original lessee. Under section 7(1)(a), Schedule II clause 5(b), and Schedule III clause 5 of the CGST Act, the assignment is not taxable as a supply of services. Its classification as other miscellaneous services under Serial No. 35 of Notification No. 11/2017-Central Tax (Rate) is inapplicable. The jurisdictional ruling excluding these transactions from GST remains binding unless stayed or recalled; consequently, GST is not leviable. en-us Wed, 07 Oct 2026 00:00:00 +0530 Fri, 09 Oct 2026 18:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800683 Assignment of leasehold rights in an industrial plot and building for consideration transfers the benefits of immovable property to the assignee, who replaces the original lessee. Under section 7(1)(a), Schedule II clause 5(b), and Schedule III clause 5 of the CGST Act, the assignment is not taxable as a supply of services. Its classification as other miscellaneous services under Serial No. 35 of Notification No. 11/2017-Central Tax (Rate) is inapplicable. The jurisdictional ruling excluding these transactions from GST remains binding unless stayed or recalled; consequently, GST is not leviable. Case-Laws GST Wed, 07 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800683