gst on slump sale

It is not wel define 

GST on slump sale is not considered as supply of goods or services if the business assets are transferred as a going concern and transferor ceases to be a taxable person and transferee continues business operarations with those business assets as per clause 4(c) of Schedule II of CGST Act. Also, refer GST on Supply of Services at Nil Rate under "Services by way of transfer of a going concern, as a whole or an independent part thereof. In my view, whether business asssets are transferred as a whole or as an independent unit , in both cases, GST will not be applicable.