ContractBusiness Transfer Agreement • March 30th, 2020
Contract Type FiledMarch 30th, 2020whether "Business Transfer Agreement" as a going concern which consists of transferring under construction project is covered under serial no. 12 of the Notification No. 12/2017-Central Tax (Rate) dated 28.06.2017 (herein after referred to as "said notification") and thus exempted from the applicability of GST HELD transfer of Business in question shall be treated as a going concern and is exempted from GST as on date in terms of serial no. 2 of Notification No. 12/2017-Central Tax (Rate) dated 28.06.2017