Tranfer of busssiness

if only 2 partner then partnership firm will dissolve by retirement of 1 partner
so has to surrender the GST no. also

Before dissolution deed apply new no. in GST as proprietor, after being reced the registration , file for surrender of gst no. of partnership firm , while in process u will find the option REASON FOR CANCELLATION, select the option Change in Constitution or amalgamation, merger, next it will ask u for GSTN of transferee as soon u provide the GSTN of proprietary firm ( transferee)its name will popup.

To transfer any input in partnership can be done by filing ITC 02

2ND : step

Apply for new registration in GST, & transfer the stock of partnership by raising sale invoice to Ur new firm

Dear Mr.Dileep Vilakkat
Your firm have only two partners means , one person retired means you suppose to disallow the firm as per Partnership Act , at the same time you need to apply GST registration as a sole proprietor and apply for cancellations of Partnership firm GST Registration make online application for cancellations in form No : GST REG-16, in this form there is a one coloum reason for cancellation select discontinuation of business in point no:6 here you need to mention new Registration number of proprietor ship firm and also mention closing stock particulars . The Authority have 30days time for cancellation of Registration once the Authority satisfied they close the firm and issue confirmation letter in form GST REG -17.
If any clarification you please call me on this number : 8919135456

Thank you

G.Eswaraiah
Hyderabad.

sir...thanks a lot..