GST Payable on Services by way of transfer of a going concern: AAR

In re Rajashri Foods Pvt. Ltd. (AAR Karnataka)

The transaction of transfer of business as a whole of one of the units of the Applicant in the nature of a going concern amounts to supply of service.

The transaction of transfer of one of the units of the Applicant as a going concern is covered under SI. No.2 of the Notification No. 12/2017- Cent

Please become a Premium member. If you are already a Premium member, login here to access the full content.