Aerocom Cushions Private Limited Vs Assistant Commissioner
Date: January 8, 2026
Subject Matter
Assignment of Long-Term Leasehold Rights is Immovable Property Transfer, Not Subject to GST
Summary
The High Court has quashed and set aside the show cause notice demanding GST on the assignment of leasehold rights. The Court ruled that the assignment of long-term leasehold rights constitutes a transfer of immovable property and is therefore not li…
FULL TEXT OF THE JUDGMENT/ORDER OF BOMBAY HIGH COURT Heard. 2. Issue Rule, returnable forthwith. Mr. K.K. Nalamwar, learned Counsel waives service of Rule on behalf of the respondent. With consent of learned Counsels for the parties, the petition is taken up for final hearing. 3. The challenge is to the show cause notice dated 20-12-2024 issued by respondent No.1 calling upon the petitioner to sho…