https://www.taxtmi.com/acts?id=21636 Where a taxable person transfers a business, the transferor and transferee are jointly and severally liable for tax, interest and penalties due up to the date of transfer, whether determined before or after the transfer. The transferee who carries on the business is liable for tax on supplies from the date of transfer and, if already registered, must apply within the prescribed time to amend the certificate of registration. en-us Wed, 15 Jun 2016 15:25:58 +0530 Wed, 15 Jun 2016 15:25:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21636 Where a taxable person transfers a business, the transferor and transferee are jointly and severally liable for tax, interest and penalties due up to the date of transfer, whether determined before or after the transfer. The transferee who carries on the business is liable for tax on supplies from the date of transfer and, if already registered, must apply within the prescribed time to amend the certificate of registration. Act-Rules Bills Wed, 15 Jun 2016 15:25:58 +0530 https://www.taxtmi.com/acts?id=21636