Menu
Carry forward of itc
if I sell my buisness to unrelated person and I have some itc unutilized then is it allowed to transfer that itc to that unrelated person
Replies (3)
Yes allowed
I think GST Credit and liabilities needs to be settled at the time of Closure of business and can not be transferred.
Taha you cannot set off unutilzed credit in that way.
Recent Threads
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
- Clubbing query (when gifts given to multiple fami
- Transfer Pricing Audit Upload Form 3CEB - Income T
- Only a Few Pages Indexed by Google Despite Sitemap
Related Threads
CAclubindia
