Gujarat HC sets aside GST demand on transfer of leasehold rights

Time Technoplast Limited Vs Union of India & Ors. (Gujarat High Court) Gujarat High Court has set aside a show cause notice issued by tax authorities demanding Goods and Services Tax (GST) on the transfer of leasehold rights for an industrial plot by Time Technoplast Limited to its subsidiary, TPL Plastech Ltd. The court’s decision, delivered on June 19, 2025, aligns with previous rulings that such transactions do not fall under the ambit of taxable supply under the GST Act. The case, Time Technoplast Limited Vs Union of India & Ors., revolved around the assignment of a GIDC (Guj...