Govt plans SLP against Gujarat High Court GST ruling on leasehold transfers

The finance ministry is considering a special leave petition (SLP) in the Supreme Court against the Gujarat High Court’s ruling on the non-applicability of goods and services tax (GST) to transfers of leasehold rights, said a government official.

 

The High Court in January had ruled that GST did not apply to the transfer of leasehold rights to a third party for land granted by the Gujarat Industrial Development Corporation (GIDC).

 

The decision — in the case of Suyog Dye Chemie vs Union of India — relieved many companies of demands for 18 per cent GST on lease transfers, amounting to