If a taxable person with pending tax dues, transfers his business to another person, what would happen to the tax dues under GST?

  • The person, to whom the business is transferred, shall jointly and severally be liable to pay the tax, interest or penalty due from the taxable person
  • up to the time of such transfer, whether such dues has been determined before such transfer, but has remained unpaid or is determined thereafter. {Sec. 85(1)}

399 total views, 2 views today

Please follow and like us:

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!