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TMI BlogITC TRANSFER ON DEATH OF PROPRIETORX X X X Extracts X X X X X X X X Extracts X X X X ..... sir/madam, i would like suggestion and expert opnion on my clients case. my client a scrap dealer died on 10th november 2022, on that day ITC of 6 lakh was available in his credit ledger. He is survived by daughter who is only legal heir. she is married and houswife. His son in law is also dealer of scrap but being turnover below taxable he is unregistered. Can Input Tax credit be transfered to hi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s son in law by transfering stock and filing ITC 02 . If yes any special procedure is required. - Reply By Amit Agrawal - The Reply = 'Legal heir' does not include son-in-law, generally speaking, unless and until there is 'will' left specific to such effect by the deceased person. For some practical aspects involved in such cases, you may read article (ID: 10839) on TMI bear ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ing subject-line as: GST: Transfer of Business in the case of Death of Proprietor Link to article is: https://www.taxmanagementindia.com/visitor/detail_article.asp?ArticleID=10839 These are ex facie views of mine and the same should not be construed as professional advice / suggestion. - Reply By KASTURI SETHI - The Reply = In this context, also peruse Board's Circular No. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 96/15/2019-GST, dated 28-3-2019 - ITC TRANSFER ON DEATH OF PROPRIETOR - Query Started By: - SANTOSH PATIL Dated:- 11-12-2022 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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