Discontinuation of business under gst

This discussion outlines the steps for a client to transition their copper bottle manufacturing business from a partnership to a proprietorship while registered under GST. Key actions include obtaining a new GST registration for the proprietorship, transferring the business with any existing GST liabilities (referencing Notification 12/2017 CT (r)), and filing ITC-02 to transfer any credit balance from the partnership's ledger. The partnership's GST registration should be cancelled citing 'change in constitution' and noting the new proprietorship's GSTN.