GSTR -10

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Akhil jose (Querist)
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03 December 2019 Suppose an individual transfer his proprietary business to another individual for free (whole business including fixed assets and goods) , is the closing stock to be shown in GSTR 10 is nil ??

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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03 December 2019 No, show available closing stock.

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Akhil jose

Akhil jose (Querist)
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04 December 2019 All the stocks are transferred so no stock is available in the hands of the transferor in this case.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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04 December 2019 Then show nil stock.

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