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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, the transferor and transferee are jointly and severally liable for tax, interest or penalty due up to the date of transfer, whether determined before or after transfer. The transferee is liable for tax on supplies 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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      <description>Where a taxable person transfers a business, the transferor and transferee are jointly and severally liable for tax, interest or penalty due up to the date of transfer, whether determined before or after transfer. The transferee is liable for tax on supplies 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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