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    <title>Liability in case of transfer of business.</title>
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    <description>Where a taxable person transfers a business, both transferor and transferee are jointly and severally liable, wholly or to the extent of the transfer, for tax, interest or penalty due up to the time of transfer, including amounts determined after transfer. The transferee is liable to pay tax on supplies effected from the date of transfer and, if registered, must apply within the prescribed time to amend the certificate of registration.</description>
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      <title>Liability in case of transfer of business.</title>
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      <description>Where a taxable person transfers a business, both transferor and transferee are jointly and severally liable, wholly or to the extent of the transfer, for tax, interest or penalty due up to the time of transfer, including amounts determined after transfer. The transferee is liable to pay tax on supplies effected from the date of transfer and, if registered, must apply within the prescribed time to amend the certificate of registration.</description>
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      <pubDate>Sat, 17 Jun 2017 14:48:50 +0530</pubDate>
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