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Judgment of Hon’ble Gujarat High Court dated 03.01.2025 in the Matter of GST on Assignment of Lease in GIDC/SIDCs

The following is the copy of the 280 page Judgment passed by the Hon’ble High Court in the matter filed by GCCI, wherein the Hon’ble High Court finally held that provisions of section 7(1)(a) of the GST Act providing for scope of supply read with clause 5(b) of Schedule II and Clause 5 of Schedule III would not be applicable to such transaction of assignment of leasehold rights of land and building and same would not be subject to levy of GST as provided under section 9 of the GST Act

Copy of Judgment of the Hon’ble Gujarat HC

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