Form ITC 02

Reading Time: 2 minutes According to the provisions provided under Rule 41 of the Central Goods and Services Tax (CGST) Rules, 2017 related to “Transfer of Input Tax Credit (ITC) on Sale, Merger, Amalgamation, Lease or Transfer of a Business”, are as under: (1) A registered person shall, in the event of sale, merger, de-merger, amalgamation, lease or transfer or change
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Reading Time: 4 minutes Transfer of ITC on the death of proprietor, The Central Board of Indirect Taxes and Customs, vide Circular no 96/15/2019-GST has clarified regarding Change in the ownership of business due to death of the sole proprietor, in the registration form, GST REG-01 to be filed electronically in the common portal. The legal heir of the
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