Transfer of business in GST is considered as supply and is liable to GST. However, if the business is transferred as going concern with all its liabilities and assets then the same is exempt.
source https://www.caclubindia.com/articles/gst-transfer-of-business-in-the-case-of-death-of-proprietor-48013.asp
source https://www.caclubindia.com/articles/gst-transfer-of-business-in-the-case-of-death-of-proprietor-48013.asp
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