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HomeGSTAssignment of Long-Term Industrial Lease Not ‘Supply’ Under GST; Bombay HC Quashes...

Assignment of Long-Term Industrial Lease Not ‘Supply’ Under GST; Bombay HC Quashes Rs. 27 Lakh Demand

GST

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By Mariya Paliwala
Assignment of Long-Term Industrial Lease Not ‘Supply’ Under GST; Bombay HC Quashes Rs. 27 Lakh Demand

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The Nagpur Bench of the Bombay High Court has held that the assignment of long-term leasehold rights in industrial land does not constitute a ‘supply of service’ under the GST law, and therefore cannot be subjected to Goods and Services Tax.  The bench of Justice Anil L. Pansare and Justice Nivedita P. Mehta has quashed…

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Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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