No GST on Assignment or transfer of long-term leasehold rights for industrial plots: Supreme Court dismisses SLP against GCCI [Read Order] - Taxscan

In a recent judgement, the Supreme Court of India rejected a batch of Special Leave Petitions filed by the Union of India, thereby upholding the Gujarat High Court's decision that no Goods and Services Tax (GST) is leviable on the assignment or transfer of long-term leasehold rights for industrial plots. The top court heard the matter on July 21, 2026 before a Bench of Justice Pamidighantam Sri Na…