CONSULTEASE.COM

Sign In

Browse By

All QuestionsCategory: GST CompliancesTransfer of business in gst
Profile photo of Kanav gargKanav garg asked 4 months ago

Transfer of business in gst

When transfer is due to death pf proprietor to legal heirs would it be considered as transfer by way of transfer of going concern,and is exemption available ?

Answer the question
1 Answers
Profile photo of Pranjal AgarwalPranjal Agarwal answered 4 months ago

Yes the same is not taxable as per Schedule II.