Leasehold Rights of Immovable Property Not Subject to GST: Gujarat HC

Kabir Instrument And Technology Vs Union of India & Ors. (Gujarat High Court)

Gujarat High Court has quashed a show cause notice issued to Kabir Instrument and Technology regarding the applicability of GST on the assignment of long-term leasehold rights. The petitioner challenged the notice under Article 226 of the Constitution, seeking a declaration that GST was not chargeable on such transactions. Alternatively, they requested that Input Tax Credit (ITC) be granted if GST was levied. They also sought a refund of ITC already reversed, along with applicable interest.

The

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