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GST - Highlights / Catch Notes

Home Highlights August 2021 Year 2021 This

Valuation - De-merger - transfer of MIS business to a resulting ...

Case Laws     GST

August 17, 2021

Valuation - De-merger - transfer of MIS business to a resulting company - The value of assets which are outside the purview of GST is required to be included in the value of assets for apportionment towards transfer of input tax credit in case of demerger in terms of Section 18(3) of CGST Act, 2017 read with Rule 41(1) of CGST Rules, 2017. - AAR

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