No GST on Transfer of GIDC Leasehold Rights as Transaction Falls Outside Scope of Supply

Luna Chemical Industries Pvt. Ltd. Vs Union of India (Gujarat High Court) Gujarat HC Quashes GST Demand Because Assignment of GIDC Leasehold Rights Is Transfer of Immovable Property; GST Demand on Leasehold Rights Assignment Set Aside Because It Is Not a Supply of Service; Gujarat HC Rules Long-Term Leasehold Rights Transfer Not Taxable Because It Amounts to Property Transfer; GST Not Applicable on GIDC Plot Assignment Because Leasehold Rights Are Interests in Immovable Property. The petition was filed under Articles 226 and 227 of the Constitution challenging a show cause notice dated 29.12.2...