GST on Transfer of Leasehold Rights: Allahabad HC HC Stays Recovery, Says Matter Needs Consideration

The Allahabad High Court stayed the recovery of Goods and Services Tax (GST) on the transfer of leasehold rights, stating that the matter requires further consideration. The court acknowledged that the issue involves complex legal questions regarding the applicability of GST on such transactions and emphasized the need for a detailed examination before any recovery proceedings could continue.