No GST on Immovable Property Sale Without Construction Service: Karnataka HC

Rohan Corporation India Pvt Ltd Vs Union Of India (Karnataka High Court) The Karnataka High Court has ruled in favor of Rohan Corporation India Pvt Ltd., directing the Union of India and other respondents to refund a GST amount of ₹14,32,64,614 along with applicable interest. The court quashed an order by the third respondent, which had rejected Rohan Corporation’s GST refund claim related to the purchase of a partly constructed mall under liquidation. The petitioner, Rohan Corporation, engaged in real estate development, had purchased the Lotus Shopping Mall in Mangalore through an e-...