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    <title>Liability in case of transfer of business.</title>
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    <description>When a taxable person transfers a business in whole or in part, both transferor and transferee are jointly and severally liable for tax, interest and penalties due up to the time of transfer. The transferee is liable for tax on supplies from the date of transfer and must apply within the prescribed time to amend his certificate of registration if registered under the Act.</description>
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      <description>When a taxable person transfers a business in whole or in part, both transferor and transferee are jointly and severally liable for tax, interest and penalties due up to the time of transfer. The transferee is liable for tax on supplies from the date of transfer and must apply within the prescribed time to amend his certificate of registration if registered under the Act.</description>
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