Tuesday, July 14, 2020

GST applicable on Transfer of a Running Business along with Capital Assets: AAR [Read Order]

The Andhra Pradesh Authority of Advance Ruling (AAR) ruled that the business of the applicant, Shilpa Medicare Limited of Andhra Pradesh unit, as a whole along with the capital assets are being transferred as going concerned to Shilpa Medicare Limited of Karnataka Unit for a monetary consideration amounts to the supply of service on which […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3fwsXiy

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