KP Green Engineering Limited & Anr. Vs Union of India & Ors
Date: July 24, 2025
Subject Matter
GST Not Payable on Transfer of GIDC Leasehold Rights. Transfer of Leasehold Rights as Immovable Property upheld.
Summary
The petitioner challenged a Show Cause Notice (SCN) issued under Section 74 of the State Goods & Service Tax Act, 2017, demanding GST of ₹39,60,000/- on the consideration received for transferring long-term (99-year) leasehold rights of a GIDC in…
FULL TEXT OF THE JUDGMENT/ORDER OF GUJARAT HIGH COURT 1. Heard learned advocate Mr. Mrudul Barot for the petitioners, Ms. Shrunjal Shah, learned Assistant Government Pleader for respondent no. 2 and learned Senior Standing Counsel Mr. Deepak Khanchandani for the respondent nos. 1, 3 2. Having regard to the controversy arising in the petition which is in narrow compass, with the consent of the lear…