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What happens to the ITC on Transfer of Business

What happens to the ITC on Transfer of Business

What happens to the ITC on Transfer of Business

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Chiranjibi Jul. 27, 2018

This applies in cases of amalgamations/mergers/transfer of business. The transferor will have available ITC which will be passed to the transferee at the time of transfer of business.

Please our many articles discussing ITC under GST in detail.