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
MSMED (Amendment) Bill, 2026: Key Reforms, Industry Impact, and Critical Concerns
The Parliament has officially passed the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026. Introduced in the Rajya Sabha
