ITC Merger/Acquisition/Transfer

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....ding transfer of liabilities provides for the following: (i) The registered person is allowed to transfer the input tax credit remaining unutilized in the electronic credit ledger to such sold, merged, demerged, amalgamated, leased or transferred business. (ii) Rule 41 prescribes such credit transfer be made on the common portal in Form GST ITC-02 and in case of demerger, credit to be transfer....

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....r of credit on obtaining separate registration for multiple places of business within a State or Union Territory (Rule 41A): If a registered person wishes to obtain separate registration for multiple places of business, the law provides the mechanism for transfer of unutilised input tax credit lying in the electronic credit ledger to any or all new registrations within 30 days from obtaining such....