Transfer of stock in New firm

sir I want to surrender GST NUMBER and transfer my stock to another new firm, what should I do
Replies (2)
Quick Summary
If you need to surrender your GST number and transfer stock to a new business, you'll need to cancel your existing GST registration and file a final GSTR 10 return. You can then transfer any remaining Input Tax Credit (ITC) balance to your new firm using the ITC 02 form before starting a fresh registration.

Hi Sir,

You can apply for Cancellation of GST registration and file GSTR 10. Further you may transfer itc balance to new firm by filing ITC 02 form.

Hope this helps

Thanks
Bhavana K L
Chartered Accountant
Bhavana @ lbkca.in
Cancellation of the old gst registration.
start afresh registration.
transfer the stock and filereturns.

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