Input tax credit transfer allowed to a successor entity where constitution changes, subject to transfer of liabilities provision. Unutilized input tax credit in the electronic credit ledger may be transferred to the new entity upon change in constitution only where there is a specific provision permitting transfer of liabilities, making the transfer contingent on an explicit basis for successor liability.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Input tax credit transfer allowed to a successor entity where constitution changes, subject to transfer of liabilities provision.
Unutilized input tax credit in the electronic credit ledger may be transferred to the new entity upon change in constitution only where there is a specific provision permitting transfer of liabilities, making the transfer contingent on an explicit basis for successor liability.
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