Treatment of ITC from Partnership Firm to pvt ltd company
This query is : Resolved
Anand Kaushik
(Querist)
27 June 2020
Dear Sir
with the reference to the above that,a partner ship firm merge to a company so what is the treatment of Consideration and ITC and is applicable gst or not
please suggest us
Thanking You.
Anand kaushik
indore
with the reference to the above that,a partner ship firm merge to a company so what is the treatment of Consideration and ITC and is applicable gst or not
please suggest us
Thanking You.
Anand kaushik
indore
28 June 2020
all the assets and liabilities trf to the company. it is not covered under supply hence i think no gst applicable.
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