https://www.taxtmi.com/manuals?id=2756 Where a sole proprietor dies, the person who continues the business or the legal representative is liable for tax, interest and penalties due from the deceased. Unutilised input tax credit may be transferred to the transferee/successor by filing FORM GST ITC-02 after the transferee obtains registration stating death of proprietor as the reason; upon acceptance, the credit is credited to the transferee's electronic ledger. The transferee and transferor remain jointly and severally liable for tax, interest or penalties arising from the transfer of business, and cancellation of the deceased's registration is applied for via FORM GST REG-16 to link GSTINs. en-us Sat, 20 May 2023 10:46:00 +0530 Wed, 14 Jun 2023 14:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2756 Where a sole proprietor dies, the person who continues the business or the legal representative is liable for tax, interest and penalties due from the deceased. Unutilised input tax credit may be transferred to the transferee/successor by filing FORM GST ITC-02 after the transferee obtains registration stating death of proprietor as the reason; upon acceptance, the credit is credited to the transferee's electronic ledger. The transferee and transferor remain jointly and severally liable for tax, interest or penalties arising from the transfer of business, and cancellation of the deceased's registration is applied for via FORM GST REG-16 to link GSTINs. Manuals GST Sat, 20 May 2023 10:46:00 +0530 https://www.taxtmi.com/manuals?id=2756