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Transfer of business assets

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361 Points Posted on 15 January 2020
my client is conducted business in proprietor ship. he trf his business to his son.whether liable to gst
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On 15 January 2020 at 17:13 Report
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"Do the Right Thing...!!!"
128147 Points Posted on 15 January 2020
Yes... GST applicable.

Transfers not available in GST from one gstin to another GSTIN
..
463 Reply
On 15 January 2020 at 17:57
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361 Points Posted on 15 January 2020
But as per some professional not liable to gst
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On 15 January 2020 at 19:14
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GST Practitioner
55067 Points Posted on 16 January 2020
On conjoint reading of S.no.4(c) of schedule 2 & s.no.2 of Notification 12/2017 CT (r) , it's Nil rated supply of services.
301 Reply
On 16 January 2020 at 00:57


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