Menu
sec.11
why gst is not levied on transfer of a going concern
Replies (1)
Because there are multiple assets involved and intent of GST is to levy a good or service or combination thereof as composite/mixed supply...going concern involves multiple assets and to avoid litigation, it has been exempted.
Recent Topics :
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
- Omitted E-Commerce Sales Reported in Table 14 but
- Omitted sales shown in GSTR-1 Table 14 but not in
- EWAY BILL TAKE OUT OF OTHER COMPAMY
- Penalty & late fee for late ITR filing
- Business discontinued as Government took possessio
Related Topics :
CAclubindia
