Capfront Technologies Pvt. Ltd ., In re
Date: December 12, 2022
Subject Matter
Transfer of independent part of business pertaining to “Loan Front” app, a mobile software, qualifies to be a transfer of going concern
Summary
The transfer of independent part of business pertaining to “Loan Front” app, a mobile software, qualifies to be a transfer of going concern, and the said activity amounts to “Service by way of transfer of going concern as an indepen…
M/s. Confront Technologies Private Limited (herein after referred to as `Applicant), # 1, 2nd Floor, Old Airport Services Road, Domlur Layout, Bengaluru ­560 071, having GSTIN 29AAHCC8732D1ZK, have filed an application for Advance Ruling under Section 97 of CGST Act, 2017 read with Rule 104 of CGST Rules, 2017 and Section 97 of KGST Act, 2017 read with Rule 104 of KGST Rules, 2017, in&nbs…