gst on slump sale

1476 views 4 replies
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  

Related Topics
Loading
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details