Transfer of Specific Unit as a Going Concern via Slump Sale is Exempt Under GST
Last updated: 13 November 2025
Court :
Gujarat AAR
Brief :
The Gujarat AAR in the matter of RDB Realty & Infrastructure Limited [Advance Ruling No. GUJ/GAAR/R/2025/42order dated October 09, 2025] held that the supply made as a going concern by way of slump sale is classified under SAC 997119 and is exempt under Notification No. 12/2017-CT (Rate). The Authority refrained from answering whether the sale is classified as "Slump Sale" as the term is not defined under GST but recognized the transaction as a transfer of business with GST implications.
Citation :
Advance Ruling No. GUJ/GAAR/R/2025/42order dated October 09, 2025
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Bimal Jain
Published in GST
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