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GST Doubt on Partnership Firms

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What are the GST implications if a partner is bringing his personal jewellery into his jewellery business?

Replies (3)
No GST implications
There is no GST implication on induction of Capital in the partnership firm in any form Cash or kind.

Bringing the personal jewellery into business is not in the nature of furtherance of business.


For further clarification contact -
CA Sachin M Jain
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But my doubt is whether that transaction will be considered as a supply from an Unregistered dealer to a registered dealer?


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