Transfer of business assets
priyankagupta (article) (361 Points)
15 January 2020
my client is conducted business in proprietor ship. he trf his business to his son.whether liable to gst
3 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 15 January 2020
Yes... GST applicable.
Transfers not available in GST from one gstin to another GSTIN
..
Transfers not available in GST from one gstin to another GSTIN
..
priyankagupta
(article)
(361 Points)
Replied 15 January 2020
But as per some professional not liable to gst
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 16 January 2020
On conjoint reading of S.no.4(c) of schedule 2 & s.no.2 of Notification 12/2017 CT (r) , it's Nil rated supply of services.
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