https://www.taxtmi.com/caselaws?id=785974 Notification No. 12/2017 treats transfer of a going concern (whole or independent part) as an exempt supply, though the court left open whether the GST Act itself classifies such transfers as supplies. Section 18(3) permits transfer of input tax credit on sale, merger, amalgamation or lease so that the transferee may receive the transferor's ITC balance; the phrase "change in the constitution of the registered person" must be read to allow ledger transfer of credit to a separate transferee. Interstate GST ledger transfers between state Acts require administrative determination. The AAR ruling was set aside and the matter remitted for authority consideration. en-us Sat, 31 Jan 2026 00:00:00 +0530 Tue, 03 Feb 2026 08:39:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785974 Notification No. 12/2017 treats transfer of a going concern (whole or independent part) as an exempt supply, though the court left open whether the GST Act itself classifies such transfers as supplies. Section 18(3) permits transfer of input tax credit on sale, merger, amalgamation or lease so that the transferee may receive the transferor's ITC balance; the phrase "change in the constitution of the registered person" must be read to allow ledger transfer of credit to a separate transferee. Interstate GST ledger transfers between state Acts require administrative determination. The AAR ruling was set aside and the matter remitted for authority consideration. Case-Laws GST Sat, 31 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785974