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Transfer of Going Concern under GST: How GST Exemption Applies but ITC Reversal and Documentation Still Matter

, Last updated: 09 June 2026 Share Follow on Google News

1. Introduction The expression "Transfer of Going Concern is not taxable under GST" is commonly used in practice. However, the technically correct position is that transfer of a business as a going concern, as a whole or as an independent part thereof, is treated as an exempt supply of service und

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CA Varun Gupta

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