tranfer of factory building , gst implications

Goods and Services Tax – Started By: – satbir singhwahi – Dated:- 10-12-2018 Last Replied Date:- 16-12-2018 – A partnership firm has factory building . Now the firm is shifting to new location. Existing factory building(built in financial year 2012-13) it wants to transfer to sister concern. Whether gst applicable. – Reply By Pavan Mahulkar – The Reply = As per Schedule III para 5 Read with Schedule II para 5b It is neither supply of service nor supply of goods Hence no GST is applicable – Disc

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