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Bombay HC Stays GST on MIDC Leasehold Transfer

Case Law Details

Case Name
Elite Clothing Company Pvt Ltd Vs Union of India & Ors (Bombay High Court)
Date of Judgement/Order
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Advertisement Elite Clothing Company Pvt Ltd Vs Union of India & Ors (Bombay High Court) Bombay High Court has granted an interim stay on an order imposing Goods and Services Tax (GST) on the assignment of leasehold rights for a plot of land and buildings within a Maharashtra Industrial Development Corporation (MIDC) area. The ruling came in a writ petition filed by Elite Clothing Company Pvt Ltd, challenging the levy of GST on a lump-sum consideration received for such a transfer. The core legal question before the High Court was whether the assignment of leasehold rights, along with t...
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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 18,853

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