https://www.taxtmi.com/acts?id=28361 Transfer of input tax credit on sale, merger, de merger, amalgamation, lease, transfer or change of ownership requires the transferor to furnish details in FORM GST ITC 02 and request electronic transfer of unutilised credit. In a de merger the credit is apportioned by value of assets (covering all assets). A practising chartered or cost accountant must certify that liabilities transfer is provided for. The transferee must accept the portal submission for credit to be credited to its electronic ledger and must account for transferred inputs and capital goods in its books. en-us Thu, 29 Jun 2017 10:44:47 +0530 Wed, 15 Oct 2025 11:43:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=28361 Transfer of input tax credit on sale, merger, de merger, amalgamation, lease, transfer or change of ownership requires the transferor to furnish details in FORM GST ITC 02 and request electronic transfer of unutilised credit. In a de merger the credit is apportioned by value of assets (covering all assets). A practising chartered or cost accountant must certify that liabilities transfer is provided for. The transferee must accept the portal submission for credit to be credited to its electronic ledger and must account for transferred inputs and capital goods in its books. Act-Rules GST Thu, 29 Jun 2017 10:44:47 +0530 https://www.taxtmi.com/acts?id=28361