Sole proprietor was die now business is running by his son. He has taken new registration on same name of business.how to deal with closing stock. Whether transfer of closing consisdered as sale his libality to tax on such transfer on behalf of his father.
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Death of sole proprietor
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no tax liability on such transfer of closing stock
What is the procedure to be followed? Procedure as in the forms to be filled online on the GST portal.
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