Supreme Court Clarifies: No GST on Assignment of MIDC Leasehold Rights
📌 Introduction The Supreme Court of India has delivered a landmark judgment that will have far-reaching consequences for industries across Maharashtra and beyond. By upholding the Bombay High Court’s ruling, the apex court has confirmed that assignment of leasehold rights in industrial land allotted by the Maharashtra Industrial Development Corporation (MIDC) does not attract GST. […]