Want to transfer stock in hand and liabilities to new gst number

transfer stock in hand to new gst from my father to me..
is it possible ???
any new taxes we have to pay.
Replies (4)
Quick Summary
This discussion explores the possibility of transferring stock and liabilities, specifically for a saree shop, to a new GST number. The advice given is to issue an invoice to the new GSTIN to facilitate the stock transfer and clarifies that this method is constitutionally sound. It also touches upon potential tax implications.

Constitution based ...
It is sarees shop
Just issue an invoice to the new GSTIN and transfer the stock
Thank you sir

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register