Transfer of R&D unit as going concern cannot be treated as sale of individual goods under GST

Shilpa Medicare Limited Vs Union of India (Andhra Pradesh High Court) Andhra Pradesh High Court held that transfer of entire R&D unit as a going concern, including the assets and liabilities, is sale of business and not sale/supply of individual goods under GST. Accordingly, the writ petition is disposed of. Facts- The petitioner herein is a limited company which undertakes Research and Development in Pharmaceuticals including active pharmaceutical ingredients, formulation of molecules and manufacture of formulation products. The petitioner had one Research and Development Center situated ...