Menu
About transfer of capital asset
Is GST Payable on tranfer of capital asset by proprietorship firm to partnership firm.such proprietor become partner in such partnership firm.
Replies (4)
Yes it is payable..
it will be treated as sale of capital goods.
it will be treated as sale of capital goods.
As per Schdule 1 , its supply , hence taxable in GST
pls give any sec or schedule for such taxability
PLZ READ SECTION 7 CGST ACT
Recent Topic
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
Related Topics
CAclubindia
