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Shifting business from one state to other - GST ITC, Goods and Services Tax - GST

Issue Id: - 118071
Dated: 21-7-2022
By:- Textron India
Shifting business from one state to other - GST ITC

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Dear Sir / Madam,

In the case of shifting the business (Service Industry) from one state to another what is the impact of unutilized Input Tax Credit? please note, same legal entity.

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Showing Replies 1 to 2 of 2 Records

1 Dated: 1-8-2022
By:- Shilpi Jain

Take registration in new State. Move the business, which will be in the nature of transfer of business and will not be liable to GST. File ITC-02 to transfer ITC.

2 Dated: 22-1-2023
By:- KUMAR Narasimhan

Dear Madam,

For Example I am doing business in Tamilnadu, now planning to move to Mumbai. I am having Input tax in existing registration in CGST Rs 1 lakh and SGST Rs 1 lakh and this ITC pertinent to Tamilnadu, how I can transfer it through ITC-02 to Mumbai. Please help me to understand


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