https://www.taxtmi.com/caselaws?id=800825 Assignment of leasehold rights in a GIDC plot and building for consideration is treated as a transfer of benefits arising from immovable property, rather than a taxable supply. It falls outside the relevant GST supply provisions and cannot be classified as other miscellaneous services for rate-notification purposes; GST is therefore not chargeable. Delayed invoicing or tax payment, without deliberate non-disclosure intended to evade tax, does not establish suppression. Where non-taxability rests on a plausible, bona fide view supported by binding interpretation, extended-period proceedings and related penalties under Section 74 are unwarranted. en-us Thu, 08 Oct 2026 00:00:00 +0530 Mon, 12 Oct 2026 04:18:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800825 Assignment of leasehold rights in a GIDC plot and building for consideration is treated as a transfer of benefits arising from immovable property, rather than a taxable supply. It falls outside the relevant GST supply provisions and cannot be classified as other miscellaneous services for rate-notification purposes; GST is therefore not chargeable. Delayed invoicing or tax payment, without deliberate non-disclosure intended to evade tax, does not establish suppression. Where non-taxability rests on a plausible, bona fide view supported by binding interpretation, extended-period proceedings and related penalties under Section 74 are unwarranted. Case-Laws GST Thu, 08 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800825