The Stamp Act does not define a BTA and does not set out an explicit provision on the collection of stamp duty on a BTA. It is therefore useful to identify any assets to be transferred through the BTA. In this context, it is necessary to analyze the provisions of the stamp law that will have an impact in the event of a BTA. Here it is important to note that the sale can be done in two ways, one is a business sale and the other is a sale of assets. The type of sale determines which positions of the company should be part of the transfer of ownership. A buyer benefits from a sale of assets by making use of the amortization benefits at an early stage and avoiding the acquisition of the liabilities of the former business. However, from a seller`s perspective, the sale of a business is preferable to pay taxes at a low long-term capital rate compared to the higher normal tax rate applicable to the sale of assets. With respect to real estate, the Duncans Industries Ltd/. The status of up  was examined that, if there was an intention to transfer the entire enterprise on the basis of as-is-where-is, including facilities, machinery and other assets, the machines that constituted the installation of fertilizer sustainably incorporated into the land with the intention of exploitation must be treated as “real estate” and are obliged to tax the stamp as a means of transport.
The “promotion” includes a sales promotion instrument and any instrument used to transfer property or real estate inter vivo and which is not expressly provided for in the schedule.” Empty Sl No. 5 of Communication 12/2017-Zentralsteuer (Rate), from 28.06.2017, the central government grants services an exemption by transferring a company in its entire right or part independent of it. They are considered “services” and fall under Chapter 99. Section 2 (17) of the Goods and Services Tax Act, 2017 (in short, law) defines the concept of transaction, since the sale of Slump is an attractive option for an entity that wishes to transfer/sell a business, given the complexity of determining the costs and taxes associated with the retail sale of transactions, it is wise for the parties to negotiate and agree commercially from the outset of each party`s charge. “The provisions of Section 3 of Chapter II make flight plans attached to the act mandatory and, in reference to other provisions such as Sections 4 to 6, which impose taxes, emphasizes that Parliament`s intention to collect taxes on transactions cannot be the intention of parliament. There is a clear distinction between men`s legal affairs, which can be taken into account insofar as transactions with legal effects can be carried out without the need for formal registration in the form of documents or instruments. Sometimes instruments can pass on legal rights and sometimes without them. Instruments can only be registered and executed in the context of transactions concluded and, in the same way, instruments or documents can be created to create rights and obligations in the future.
These may be enforceable and enforceable acts that may take the formal form of agreements or may be highlighted by the documents implemented between the parties. The issue in each case of application of the provisions of the statute of tax, such as the stamp law, is a question of fact that must be determined taking into account all the relevant circumstances, the nature of the transaction and its legal effect, always based, if in doubt, on favouring the subject through tax law. It should be noted that a business transfer contract cannot allow the parties to consider a transfer, but may encourage the parties to make a transfer request.