Shilpa Medicare Limited Vs Union of India
Date: January 30, 2026
Subject Matter
Sale of Business as Going Concern is Not Taxable Supply; ITC Transferable Between Distinct Units
Summary
The High Court has set aside the ruling of the Appellate Authority for Advance Ruling, affirming that the transfer of an entire business undertaking as a going concern is not a taxable supply under GST. Furthermore, the court held that unutilized Inp…
FULL TEXT OF THE JUDGMENT/ORDER OF ANDHRA PRADESH HIGH COURT Heard Sri V. Raghuraman, the learned Senior Counsel appearing on behalf of Sri Anil Kumar Bezawada, learned counsel for the petitioner and Sri P.S.P. Suresh Kumar, the learned Standing Counsel appearing for the respondents. 2. The petitioner herein is a limited company which undertakes Research and Development in Pharmaceuticals includin…