What will be the GST Liability when a business is transferred? What about ITC available with you?

If a taxable person transfers his business, either wholly or partly, to another, then the taxable person (transferor) and the person to whom the business is transferred (transferee) will be liable, jointly and severally, wholly or to the extent of such transfer, to pay the GST due. If a registered taxpayer transfers his business he…...

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