gst on tranfer of business

Tranfer of business with assets is Taxable??
Replies (2)

Yes, its a supply; unless it is takeover...

As per Notification .12/2017 CT (R) Entry no. 2 No it's not Taxable , ....

as per schedule II , exception to 4(c) when business is transferred as a going concern from one person to another person , its not a supply

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