I) transfer or disposal of fixed asset without consideration is treated as supply.
Case: business is transferring from one state to another state and registration in current location need cancel and get new registration in other state.
query : how to transfer underlying ITC in credit ledger.
since same is shown as Gst receivable in balance sheet.
If you are having credit in old GSTN , then its better to take refund rather than transfer . as per section 49 sub section 6 of the CGST act 2017
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