BVM Pharma Through Partner Alkaben Paneri Vs Union of India & Ors
Date: March 26, 2025
Subject Matter
Transfer of leasehold rights for an industrial plot is an assignment of benefits arising from "immovable property" and is therefore not a taxable supply
Summary
This writ petition was filed by a partnership firm challenging a GST demand of over ₹49.26 lakh, including tax, interest, and penalty. The demand was raised by the tax department on the grounds that the petitioner's transfer of leasehold rights for a…
FULL TEXT OF THE JUDGMENT/ORDER OF GUJARAT HIGH COURT Heard learned advocate Mr. Hardik V. Vora for the Petitioner; learned advocate Mr. Ankit Shah for the Respondent Nos.1 and 2 and learned Assistant Government Pleader Ms. Shrunjal Shah for the Respondent No.3. 2. Rule returnable forthwith. Learned advocate Mr. Ankit Shah waives service of notice of rule for the Respondent Nos. 1 and 2 and learne…