What is the Registration requirements on transfer of a business under GST?
As per SCHEDULE V of Revised Model GST Law – The transferee or the successor shall be liable to be registered with effect from such transfer or succession and he will have to obtain a fresh registration with effect from such date.
Relevant Extract of Clause 4 of Revised Model GST Law
Where a business carried on by a taxable person registered under this Act is transferred, whether on account of succession or otherwise, to another person as a going concern, the transferee, or the successor, as the case may be, shall be liable to be registered with effect from the date of such transfer or succession.