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GST ITC Transfer: Interstate Credit Transfer Permitted After Merger
Case Law Details
- Case Name
- In re Flytxt Mobile Solutions Private Limited (GST AAR Kerala)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- AAR Kerala, Advance Rulings
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In re Flytxt Mobile Solutions Private Limited (GST AAR Kerala)
Kerala Authority for Advance Ruling (AAR) has addressed a legal and technical issue concerning the transfer of Input Tax Credit (ITC) following an interstate business merger. The case involved M/s Flytxt Mobile Solutions Private Limited, a company in Kerala, which had merged with M/s Mventus Solutions Private Limited, a firm with a GST registration in Haryana. Post-merger, Flytxt attempted to transfer the unutilized ITC balance of approximately ₹22.3 lakh from Mventus’s electronic credit ledger in Haryana t...
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