banner_ad

GST treatment after death of Proprietor

Accounts 424 views 3 replies
User Avatar

proprietor
82 Points Posted on 28 June 2020

Dear Experts,

One of my existing client has passed away. his firm was a proprietorship firm. Now is it possible to transfer the whole business with all the Stock to the legal heir (His wife) GST. please clarify me the complete process. I will be very thankful to you..

Thanks Best Regards

Reply Share Follow
On 28 June 2020 at 23:21 Report
Replies (3)
User Avatar

GST Practitioner
55067 Points Posted on 29 June 2020
Yes you can ... kindly refer the circular no. 96/15/2019 DT.23/3/2019 specifically issued in this regard
301 Reply
On 29 June 2020 at 00:57
User Avatar

4215 Points Posted on 29 June 2020
You may transfer the whole business to his wife
12 Reply
On 29 June 2020 at 08:26
User Avatar

Lxmi nagar delhi
35 Points Posted on 30 June 2020
Fristly take reg of new firm( transfree) then transfer the itc through ITC-02 form if itc amount exceed 5lakh then ca certificate is required...then apply for gst cancellation of old firm via slecting the option of change in Constitution
Reply
On 30 June 2020 at 19:41


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details