WHAT IS THE PROCEDURE FOR TRANSFER OF STOCK FROM ONE GST COMPOSITION TO UNREGISTERED PERSON

MURALIDOSS (INCOME TAX PRACTITIONER)   (1317 Points)

14 August 2024  

TRANSFER OWNERSHIP OF A COMPOSITION DEALER  TO AN UNREGISTERED  PERSON. JUST MAKE A SALE BILL FOR THE REMAINING STOCK AND PAY 1%TAX ? IS ENOUGH  OR ANYTHING ELSE?