GST IMPACTS

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3 Points Posted on 28 February 2024

What are the practical difficulties of GST on STOCK transfer from Proprietory concern converted into New  LLP

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On 28 February 2024 at 15:10 Report
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This discussion examines the practical difficulties encountered with GST when transferring stock from a sole proprietorship to a newly formed LLP. It highlights that GST is typically considered nil in such cases, as the LLP is viewed as a continuation of the existing business concern.

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Finance
4592 Points Posted on 29 February 2024

GST is NIL because its considered as continuation of going concern

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On 29 February 2024 at 10:16
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Profession
28271 Points Posted on 02 March 2024
Gst impact is nill
1 Reply
On 02 March 2024 at 13:17

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