Transfer of proprietorship business from Mother to Son
Query (Issue) Started By: – vaishali raveshiya Dated:- 28-2-2019 Last Reply Date:- 2-3-2019 Goods and Services Tax – GST
Got 2 Replies
GST
Respected members,
kindly guide me how to deal with in regards to following matter in Income Tax and GST?
A business is carried on in the name of mother will be taken over by/ transfer to her son.
What procedure to be followed in GST,
whether GST is payable ot it is exempt under entry 2 of exemption list?
When to take new GST registration no, before surrender of registration no taken in the name of mother or after cancellation of it?
Whether ITC can be claimed on closing stoch after transfer of business??
Whats other impact in GST
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =