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GST querie

21 March 2018

The assessee is a proprietorship under firm GST registration
so now he can add a person of member in firm to continue in partnership. Now what can I do to new registration ya otherwise added under colomn to create this GST number. pls give me correct advice to solve my issue.

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11 Replies

Aaquib Iqbal (29 Points)
Replied 21 March 2018

If you want to conduct partnership business in the state of Maharashtra you need to register partnership firm, with registrar and make a pan card of firm open an account in name of firm and make a new registration in the name of the firm

Rahul Prasad (CA Student) (1683 Points)
Replied 21 March 2018

totally agree with Iqbal sir.

ANIKET (STUDENT) (157 Points)
Replied 21 March 2018

cancle old gst number nd take new gst number with partnership firm pan

Ankit Rikhi (567 Points)
Replied 21 March 2018

ok I open to create a new registration but the old registration maintain books of account or now gstr2 pending for all GST period how to calculate input tax credit and which the affect on balance sheet required or may not fulfill all type of returns. it's easy to say new registration but at the point it's huge risk of data

Pankaj Rawat (GST Practitioner) (55037 Points)
Replied 21 March 2018

There is option all liabilities & input can be transferred to new partnership firm
while cancellation of Ur proporietiry firm u can transfer stock to partnership by selecting the GSTN of partnership firm in the cancellation process. & if any ITC is to be transfer from proprietor to partnership u can file Form ITC 02