Clarrification on GSTIN Transfer

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This query is : Resolved

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This discussion clarifies that an existing GSTIN cannot be directly transferred to another person, as GSTINs are linked to a specific PAN. However, if you wish to close an old GSTIN, you can transfer any remaining input tax credit balance to a new GSTIN. This is the primary alternative if direct transfer isn't possible.

Santosh

Santosh (Querist)
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22 January 2020 Hi,

Could any budy advise me whether we can transfer a existing GSTIN number to another person name with same business name and services. If no what will be alternate way.

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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22 January 2020 Since GSTIN is PAN based it is not possible to transfer it to another person but you can transfer the balance of input tax credit lying in credit ledger to another GSTIN in case you do not want to continue with the old GSTIN.

Santosh

Santosh (Querist)
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22 January 2020 Thank you very much for your helpful information....