GST on assignment of industrial leasehold rights held not a taxable supply under Sections 7(1)(a), 9, 74
Case-Laws
GST
HC examined a challenge to a SCN and order u/s 74 of the CGST Act concerning GST liability on assignment of leasehold rights over industrial land originally allotted by a state industrial corporation. Relying on its earlier precedents, HC held that assignment/sale/transfer of leasehold rights in such plots constitutes transfer of benefits arising from immovable property
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