GSTR -10


(Querist)
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 (Expert)


Click to Talk 03 December 2019
No, show available closing stock.

Akhil jose (Querist)
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 (Expert)


Click to Talk 04 December 2019
Then show nil stock.


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