Home Forum Goods and Services Tax - GST Month 10 2019 2019 (10) This
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GST on slump sale - Goods and Services Tax - GSTExtract GST will attract on slump sale for transfer of business assets. On the other hand, as per the definition of CGST Act supply definition includes all transaction with the exception of the transfer of business as going concern concept. However the transfer of business as a going concern concept is a service as per the provision of CGST Act with the exception that this service is exempt as per the notification. We kindly request you clarify the same about our understanding on GST CA S Venkata Subrahmanyam
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