Advance Ruling Application on E-credit Ledger Balance Transfer in Mergers Deemed Non-Maintainable; Involves Input Tax Credit Transfer.

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....Scope of Advance Ruling application - Transfer of unutilized balance in E-credit ledger on merger of distinct persons within same State having same PAN - Application for Advance Ruling on the issue of transfer to unutilized balance of Input tax credit lying in E-credit ledger is not maintainable. - AAR....