Discontinuation of business under gst

Make fresh reg application. no GST will be paid on closing stock

Need obtain Registration under Proprietary firm & then can transfer the business from partnership to Proprietary firm (With any GST Liability , refer Notification 12/2017 CT (r))

Note : While Registration process of proprietary firm provide the GSTN of partnership firm (to transfer business). & while cancellation of Partnership firm provide the reason of cancellation "change in constitution" & mentioned therein the GSTN of Proprietary firm.

Any credit lying in Partnership firm credit ledger can also be transfer to propritory firm by filing ITC 02

** (Without paying any GST Liability on Stock)