Transfer of Propreitorship Firm in GST

RAJA P M

"Do the Right Thing...!!!"

128152 Points Posted on 26 January 2018

No way for changes the Proprietorship firm to Other one name...

RAJA P M

"Do the Right Thing...!!!"

128152 Points Posted on 26 January 2018

But,
You ll start a new firm by Your wife's name and then You ll sale Your firm to Your wife's Firm...

Gagan Singla

564 Points Posted on 26 January 2018

i had handled a same case and i know all procedures

Shankar Sharma

513 Points Posted on 26 January 2018

@ Mr. Gagan what if the proprietor wills everything to his only son and dies? Does the son become proprietor with or without change in registration?

the son have to take a new registration in his own pan. in new reg form mention the old gstin of his father and tell the reason there i. e death. after getting new gstin of his son, you have to fill itc-02 form in father to transfer the balance credits standing in father gstin and thereafter cancel the old gstin by mentioning reason there and entering new gstin over there.

Shankar Sharma

513 Points Posted on 26 January 2018

Many thanks Mr. Gagan

RAJA P M

"Do the Right Thing...!!!"

128152 Points Posted on 26 January 2018

As per my view no way for this...

AASHISH KUMAR JAIN

EXECUTIVE ACCOUNTS

73 Points Posted on 26 January 2018

Thanx Sir for your Valuable Advice

Saqif OM

Manager(F&A)

319 Points Posted on 26 January 2018

@ Gagan,,,can we give a proprietroship company on lease to another proprietorship concern?

Say for example...Husband own Company A,Wife owns Company B. B want to stop the outward supplies,but does not want to close the registration.It wishes to continue by filing NIL returns. IF B wishes to give her company on lease to A.Is it possible?

Please have your view Sir