Gujarat HC: Cross-State GST ITC Transfer Allowed in Case of Amalgamation - SAG Infotech Official Tax Blog

In a case of amalgamation, the Gujarat High Court held that Input Tax Credit (ITC) cannot be disallowed merely on the basis that the transferor and transferee companies are situated in different states. A Bench of Justice A.S. Supehia and Justice Pranav Trivedi held, Read Also: Gujarat HC: GST ITC as a Transferable Business Asset Can’t Be Denied Due to State-Wise Registrations “The transfer of the…