Jan 1, 2026
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20 min read
GST on Assignment of Leasehold Rights of Industrial Land: A Detailed Analysis of the Gujarat High Court Judgment
This article examines the Gujarat High Court’s landmark ruling that assignment of long-term leasehold rights in industrial land is not taxable under GST, being a transfer of immovable property covered under Schedule III. It clarifies the legal distinction between grant and assignment of lease and outlines the ruling’s practical impact on GST disputes and transaction structuring.
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Adv. Hardik Kakadiya