Exclusive : Karnataka HC issues notice in writ challenging GST on motor vehicles leasing

Karnataka HC issues notice to Revenue in writ petition challenging imposition of GST on leasing of motor vehicles; Assessee has raised following two grounds - (i) whether deeming said transaction as ‘service’ [Entry 5(f) of Schedule II under CGST Act] is permissible when Article 366(29A) of Constitution deems 'transfer of right to use' as ‘sale of goods’, and (ii) whether GST could be levied on lease rentals received after July 2017 in respect of leases entered prior ...