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Shifting business from one state to other - GST ITC, Goods and Services Tax - GST |
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Shifting business from one state to other - GST ITC |
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Dear Sir / Madam, In the case of shifting the business (Service Industry) from one state to another what is the impact of unutilized Input Tax Credit? please note, same legal entity. Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
Take registration in new State. Move the business, which will be in the nature of transfer of business and will not be liable to GST. File ITC-02 to transfer ITC.
Dear Madam, For Example I am doing business in Tamilnadu, now planning to move to Mumbai. I am having Input tax in existing registration in CGST Rs 1 lakh and SGST Rs 1 lakh and this ITC pertinent to Tamilnadu, how I can transfer it through ITC-02 to Mumbai. Please help me to understand Page: 1 Old Query - New Comments are closed. |
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