TMI BlogConversion from Proprietor to Pvt. Ltd. CompanyX X X X Extracts X X X X X X X X Extracts X X X X ..... XYZ is a proprietory concern. The said concern they want to convert it to Private Limited firm. The present proprietor will remain as one of the directors and few more directors might get added in the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... new private limited firm. 1) What are the formalities to be observed by XYZ for complying with the GST provisions while carrying out the above conversion? - Reply By YAGAY andSUN - The Reply = htt ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ps://www.indiafilings.com/learn/conversion-of-proprietorship-into-private-limited/ - Reply By Kaustubh Karandikar - The Reply = Sir, thanks for your quick guidance. but what i need is compliance / ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... liability for XYZ with regard to GST for such conversion. - Reply By Mahir S - The Reply = Sir, Pls refer rule 27 and 41 of CGST Rules and also Section 18 (3) of CGST Act . As the pro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... prietorship is to be converted into an Pvt Ltd , a new PAN has to be applied for. Further, due to the new PAN, a fresh GST registration needs to be obtained. Also, the GST registration of the old e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ntity needs to be canceled. - Conversion from Proprietor to Pvt. Ltd. Company - Query Started By: - Kaustubh Karandikar Dated:- 4-8-2020 Goods and Services Tax - GST - Got 3 Replies - GST - Discus ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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