Menu
trfd of stock in LLP as capital contribution
Please guide me on GST implication on stock in trade given by partner in form of capital contribution in LLP
Replies (3)
if partner is not registered in gst, than it is simple case of unregistered purchase.
but if partner registered book as per invoice issued by partner.
and on other transfer due balance to partners capital account.
but if partner registered book as per invoice issued by partner.
and on other transfer due balance to partners capital account.
partner held stock in his proprietory concern which is registered under GST
than partner will issue tax invoice to your firm
Recent Topic
- PPF Interest Exempt - But what drop down to choose
- Itr2 or itr3 intraday trade 1 loss of 70 paise
- Calculation of IT
- CA FINAL FR IndAS 33 Doubt(Corrected)
- Clarification Needed: Reporting Accrued vs Paid FD
- TDS on prize given to participants in Livestock sh
- TDS related matter - 194 IA
- Research: How do CA firms handle GSTR-2B reconcili
- CA FINAL FR IndAS 33 Illustrtion 14
- Taxation on Sale of old Jewellery Received at Marr
Related Topics
CAclubindia
