gst on slump sale

pls let me know the gst treatment on slump sale.
Replies (4)

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.

ok
Any HSN or sac code for slump sale

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
Featured ARTICLESHIP 31 October 2026
CA Articleship

apricus india

Navi Mumbai

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details