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Course of action to be taken under gst law on death of proprietor of registered person.

19 October 2018

The proprietor of a registered person has expired. In her will she has mentioned her son to be successor of the firm as proprietor there of. What steps should the successor take under GST law for this change ?

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2 Replies

Mr. Singh (497 Points)
Replied 19 October 2018

No, As GST no. is pan based so you have to apply fresh GST no. for son and you have to surrender existing gstin of his father

Pankaj Rawat (GST Practitioner) (55037 Points)
Replied 19 October 2018

Yes the Business can be transfer :

Submit the death certificate of proprietor along with succession certificate to juridiction officer, Legal Heir is added as authirised signatory on GST Portal

Apply new GSTN for Son & once the registration is approved the legal heir has to apply for the transfer of ITC by filing ITC 02 to new entity. File the ITC 02 from Proprietor firm by quoting the GSTN of Legal Hier firm , the same will be populate in Sons firm accept it. Thats all you have do to tranfer

Note : For ITC 02 CA authorisation is required