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Tax liability on stock transfer due to change in business constitution

Goods and Services Tax - Started By: - DINESH TIWARI - Dated:- 16-4-2018 Last Replied Date:- 8-5-2018 - SirIf i change a proprietorship business into the partnership business under GST; there is neither change in Place of Business nor any Closing Sto .....

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ncern does not attract taxes. - Reply By Ganeshan Kalyani - The Reply = GST is PAN based. If PAN is same then there is no change liability . - Reply By KASTURI SETHI - The Reply = Change of proprietorship into partnership mean a new entity and afresh .....

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r which ITC would be available to the new partnership firm. - Reply By Susheel Gupta - The Reply = In case, business is transferred as going concern it is not treated as supply as per clause 4(c) of schedule II. U need to file ITC-02 to transfer unut .....

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