GST issues on Merger

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ST issues on Merger<br> Query (Issue) Started By: - Kaustubh Karandikar Dated:- 31-5-2019 Last Reply Date:- 2-6-2019 Goods and Services Tax - GST<br>Got 1 Reply<br>GST<br>'Company A' having 100% share....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....holding in 'Company B'. Merger of B into A is being carried out. After the merger, B will be closed and only A will exist. The trade name of B will continue to be used as it is known by various custom....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ers and suppliers. 1) Will the company need to apply for a new GST registration number? 2) If yes, before or after the merger? 3) IGST refund pending on export sales already made by paying IGST - how ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....will this be transferred to A? 4) Transfer of running balances of GST credit after merger - how will this be transferred to A? Reply By Alkesh Jani: The Reply: Sir, In this regards, Please refer Ru....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....le 41 of CGST Rules, 2017, which are self explanatory in nature. Thanks With Regards<br> Discussion Forum - Knowledge Sharing ....