https://www.taxtmi.com/caselaws?id=400861 The High Court of Kerala held that the respondent should rectify the reason for cancellation of GST registration from "discontinuance of business/closure of business" to "transfer of business on account of amalgamation, merger, demerger, sales, lease, or otherwise" as requested by the petitioner. The court emphasized the importance of correcting mistakes promptly and ordered the respondent to issue a fresh order of cancellation within one month, allowing the petitioner to transfer accumulated input tax credit to the new business entity. The judgment quashed the initial denial of the change of reason for cancellation, emphasizing the necessity of accurate reasons for cancellation under the GST regime. en-us Tue, 10 Nov 2020 00:00:00 +0530 Thu, 20 Mar 2025 18:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400861 The High Court of Kerala held that the respondent should rectify the reason for cancellation of GST registration from "discontinuance of business/closure of business" to "transfer of business on account of amalgamation, merger, demerger, sales, lease, or otherwise" as requested by the petitioner. The court emphasized the importance of correcting mistakes promptly and ordered the respondent to issue a fresh order of cancellation within one month, allowing the petitioner to transfer accumulated input tax credit to the new business entity. The judgment quashed the initial denial of the change of reason for cancellation, emphasizing the necessity of accurate reasons for cancellation under the GST regime. Case-Laws GST Tue, 10 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400861