TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Transfer of Business under WB GST Act 2017: Joint Liability for Tax, Interest, Penalties for Transferor and Transferee.</h1> Under the West Bengal Goods and Services Tax Act, 2017, when a taxable person transfers their business, either wholly or partially, by any means such as sale or lease, both the transferor and transferee are jointly and severally liable to pay any outstanding tax, interest, or penalties up to the time of transfer. This liability applies regardless of whether these amounts were determined before or after the transfer. Additionally, the transferee must pay tax on supplies made post-transfer and, if registered, must amend their registration certificate within the prescribed timeframe.
TaxTMI 
TaxTMI 
