XYZ (Proprietor) is registered with GST. 1) Owning Sweet and Namkeen Shops and Manufacturing Factory of Sweets and Namkeen. 2) Owning Commercial Premises given on rent. On both activities XYZ is charging GST. Now, the Sweet and Namkeen activity to be converted from Proprietor to Private Limited Company and the Commercial Premises will continue to be in the name of Proprietor. What is the procedure to be followed for this changed scenario?
Conversion from Proprietor to Pvt. Ltd. Company
Kaustubh Ram Karandikar (Corporate Consultant- Central Excise & Service Tax) (519 Points)
26 July 2022
CAclubindia
