Landmark JudgmentHigh Court of GujaratGujarat Chamber of Commerce v. Union of India: GIDC leasehold assignment is not a GST supplyOn 3 January 2025, a Division Bench of the Gujarat High Court held that the assignment of GIDC leasehold rights is akin to a sale of land excluded by Schedule III of the CGST Act, and not a taxable supply of service.Valkya Editorial·14 Jun 2026·7 min