Goods and Services Tax : FAQs on Filing of Form GST ITC-02A Q.1 What is Form GST ITC-02A? A person having multiple places of business in a State or Union t...
Goods and Services Tax : Taxpayer need to file Form GST ITC-02A, if he/she has obtained separate registration for multiple places of business in a State/UT...
Goods and Services Tax : GST portal has now enabled filling of GST ITC-02A. GST ITC-02A is a declaration of untilized ITC transferred for obtaining a separ...
Goods and Services Tax : ‘Business Transfer’ here is referred for Slump sale transactions where a running business units or business as a whole are tra...
Goods and Services Tax : Note on Transfer of ITC on account of Demerger Reference: Circular No.133/03/2020-GST This article is made to brought some clarity...
Goods and Services Tax : The petitioner has raised a pertinent grievance in this writ petition that the Form GST ITC-02A was not available on the GSTN Port...
Goods and Services Tax : Clarification in respect of apportionment of input tax credit (ITC) in cases of business reorganization under section 18 (3) of CG...
Goods and Services Tax : Circular No. 96/15/2019-GST Dated 28th March, 2019 Transfer of ITC in case of death of sole proprietor Section 29(1)(a) of the CG...
Circular No. 96/15/2019-GST Dated 28th March, 2019 Transfer of ITC in case of death of sole proprietor Section 29(1)(a) of the CGST Act, 2019- Cancellation of registration on account of transfer of business for any reason including death of the proprietor For the purpose of sections 18(3), 22(3) and 85(1) of CGST Act and rule 43(1) […]
As per Rule 41 of CGST Rules 2017, a registered taxpayer can apply for transfer the Input Tax Credit available in the electronic credit ledger to another business entity in case of transfer of business by way of sale of business/merger by filing of ITC declaration in FORM GST ITC-02.
What is the process to cancel the GST registration in case of death of sole proprietor? How can a legal heir transfer the ITC to a new entity in case of death of sole proprietor?
