Transfer of business

partnership firm transferring business to proprietor ship and partnership firm is Registered under composition scheme. what is the procedure under GST.as PAN is changing.
Replies (4)
Quick Summary
This discussion outlines the GST process for a partnership firm operating under the composition scheme to transfer its business to a proprietorship. Key steps include obtaining a new GST registration for the proprietor's PAN, providing details of the old partnership GSTN during the new application, and correctly surrendering the old GSTN by citing 'Change in Constitution'. You'll need to file returns for the partnership until its GSTN is surrendered.

You have to apply for new registration of the proprietorship business. 

The new gst registration will be on the PAN of the proprietor.

Need to Obtain GST registration for Proprietor firm .

During the Registration process need to provide Reason (merge) & GSTN of Partnership.
And while surrendering the GSTN of Partnership Firm need to Give reason for cancellation of Registration by selecting the "Change in Constitution" thereafter provide the GSTN of Proprietor firm.

Do Prepare a transfer business Deed .
After getting new registration i need to file any return? as firm is under composition scheme
Yes till before surrender you are liable to file return

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details