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Bombay HC grants interim relief in GST dispute over development rights

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Bombay HC grants interim relief in GST dispute over development rights - Business Standard

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In a significant ruling, the Bombay High Court has granted interim relief to landowners challenging the levy of 18 per cent Goods and Services Tax (GST) on development rights under revenue-sharing agreements.

The court’s decision, delivered on April 29, temporarily restrains tax authorities from enforcing a contested order issued on January 27, 2025, and raises critical questions about the classification of such transactions under GST laws.


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Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-07 @ 20:06:36 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 82 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28471921

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 339 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #49

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