{"id":70732,"date":"2025-01-10T08:57:38","date_gmt":"2025-01-10T03:27:38","guid":{"rendered":""},"modified":"2025-01-10T08:57:38","modified_gmt":"2025-01-10T03:27:38","slug":"leasehold-rights-transfer-deemed-immovable-property-exempt-from-gst-as-per-section-9-1-of-the-gst-act","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=70732","title":{"rendered":"Leasehold Rights Transfer Deemed Immovable Property, Exempt from GST as per Section 9(1) of the GST Act."},"content":{"rendered":"<p>Leasehold Rights Transfer Deemed Immovable Property, Exempt from GST as per Section 9(1) of the GST Act.<br \/>Case-Laws<br \/>GST<br \/>The HC held that the assignment\/sale\/transfer of leasehold rights by the lessee to a third party for a lump-sum consideration is a transfer of &#8220;immovable property&#8221; and not a supply of service under the GST Act. The leasehold rights encompass incorporeal ownership rights over the land and building, constituting &#8220;immovable property&#8221;. Consequently, such transactions are no<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/highlights?id=84749\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p> Case-Laws &#8211; GST &#8211; Highlights &#8211; The HC held that the assignment\/sale\/transfer of leasehold rights by the lessee to a third party for a lump-sum consideration is a transfer of &#8220;immovable property&#8221; and not a supply of service under the GST Act. The leasehol<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-70732","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/70732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=70732"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/70732\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=70732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=70732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=70732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}