Transfer of input credit
This query is : Resolved
03 July 2020
Proprietor for firm expired on 26.09.2019, from that day his business was run by his legal hair after death till date. now new gst registration has been taken in his legal hair's name, whether we can transfer input credit of deceased proprietor to his legal hair by filing itc 2 now ??
03 July 2020
Yes, you can transfer input credit of deceased proprietor to his legal hair by filing itc 2 now .
20 August 2020
Section 18(3) of the CGST Act, 2017 allows the transfer of ITC where the business is being transferred.
21 August 2020
THANK YOU VERY MUCH SIR, CAN U PROVIDE DRAFT OF CA CERTIFICATE IN EXCEL ?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 54 f disallowed will be taxed at what rate
- ITR -1 Filing
- TWO FIRM NAME IN ONE GST NUMBER
- Transportation of Petrol, Diesel by GTA and Other than GTA
- Trust 10AB form required for old asst. years?
- Eway issued more than one
- Transfer of Rectification Rights to the Jurisdictional Assessing Officer
- SEA GOING ALLOWANCE
- IGST Refund pending since June 2022.
- Transfer of rectification rights to ao
- Utilisation of cgst cash ledger balance first to pay cgst liability instead of cgst credit ledger ba
- Pension Misclassification and Correction in Filed ITRs
- Gratuity payment criteria
- Procedure and Documents Required for Release of FD from DVAT
- How to rectify gstr1 credit note
- Non- payment of GST on supply of services- reg
- Other party gstin shown on my login id
- Accumulated surplus exceeding 15%
- Different GST Number MEESHO
- Query on TDS Section 194H
Trending Online Classes
CAclubindia
