Leasehold Assignment of immovable property Not a Taxable under GST: Gujarat HC

Siemens Ltd. Vs Union of India & Ors. (Gujarat High Court) The Gujarat High Court examined the validity of a show cause notice issued under Section 74 of the Central Goods and Services Tax Act, 2017, demanding GST on the assignment of leasehold rights by the petitioner to LM Wind Power Blades India Private Limited. The notice treated the assignment of leasehold rights as a supply of service under Section 7(1)(a) and classified the transaction under Heading 9972. The petitioner challenged this action through a writ petition under Articles 226 and 227 of the Constitution, asserting that the ...