what are the terms and conditions reason for registration " Transfer/ Succession of business
(Tax payer expired can i take registration on his Sons Name)
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Succession
Replies (3)
Yes ...............................
We have closing stock what about that
DEAR SUBBARAO DUDDU
IN TRANSFER OF BUSINESS IN SUCH CASES NO TAX LIABILITY IS ARISE ON CLOSING STOCK (PREPARE TRANSFER AGGREMENT DEED)
FOR TRANSFER OF ITC IN CREDIT LEDGER CAN DONE BY FILING ITC 02
MAKE SURE THAT DO NOT CANCEL THE REGISTRATION UNLESS YOU FILE ITC 02
FOR DETAIL INFORMATION ON ABOVE KINDLY REFER CIRCULAR 96/15/2019 GST
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