https://www.taxtmi.com/forum/issue?id=115345 The transferor must surrender its registration where GSTIN is PAN based and the transferee must register in the State of operation. Unutilised input tax credit is moved by the transferor filing FORM GST ITC-02 with a CA/cost accountant certificate; the transferee accepts the details on the portal and the specified credit is credited to the transferee's electronic credit ledger. Demerger requires apportionment of credit by asset value and transferred inputs and capital goods must be accounted for by the transferee. en-us Tue, 20 Aug 2019 17:24:47 +0530 Thu, 23 Jan 2025 15:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115345 The transferor must surrender its registration where GSTIN is PAN based and the transferee must register in the State of operation. Unutilised input tax credit is moved by the transferor filing FORM GST ITC-02 with a CA/cost accountant certificate; the transferee accepts the details on the portal and the specified credit is credited to the transferee's electronic credit ledger. Demerger requires apportionment of credit by asset value and transferred inputs and capital goods must be accounted for by the transferee. Discussion-Forum GST Tue, 20 Aug 2019 17:24:47 +0530 https://www.taxtmi.com/forum/issue?id=115345