TMI BlogProprietorship Merger with Private Company Not Supply of Goods Under CGST/SGST; Transfer Unused Input Tax Credit Allowed.Levy of CGST/SGST Act - merger of entities - merger of his proprietorship firm as a going concern with a private limited company - the same stands excluded from the scope of supply of goods - un-utilized input tax credit can be transferred in case of merger. ..... X X X X Extracts X X X X X X X X Extracts X X X X
|