GST Not Payable on Transfer of GIDC Leasehold Rights: Gujarat HC

KP Green Engineering Limited & Anr. Vs Union of India & Ors. (Gujarat High Court) Gujarat High Court heard the petition filed by KP Green Engineering Limited and another under Articles 226 and 227 of the Constitution of India. The petition challenged a show cause notice dated 29 December 2023, issued under Section 74 of the Gujarat State Goods and Services Tax (GST) Act, 2017. The notice treated the petitioner’s assignment of leasehold rights in an industrial plot to M/s Hindustan Enviro Life Protection Services Limited as a taxable supply of service under Section 7(1)(a) of the Act,...