CARRY OVER OR REFUND OF ITC IN ELECTRONIC CREDIT LEDGER

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..... Dear Experts, If a Private Limited company [x] is taking over the Assets and Liabilities of a Partnership Firm [Y], what will the procedure in GST act for taking over cum merger of a firm .....

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..... into Private limited company. The company X is a different state and Y is in different state. After taking over the firm Y , the partners of firm Y will become as share holders of Compan .....

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..... y X. But after taking over also the firm Y will run in the same state only. Whether the firm Y has to take new GST number with PAN based of Company X. How the balance amount in Electronic C .....

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..... redit Ledger of firm Y can be transferred to Company X account. Experts, please advise. - Reply By Alkesh Jani - The Reply = Sir, Please refer Rule 41 and 41A of CGST Rule, 2017 . .....

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..... Thanks, With regards - CARRY OVER OR REFUND OF ITC IN ELECTRONIC CREDIT LEDGER - Query Started By: - SAFETAB LIFESCIENCE Dated:- 31-5-2019 Goods and Services Tax - GST - Got 1 Reply - GST - Dis .....

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..... cussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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