Transfer Cash Ladger Balance

[CHETAN CHOTALIYA]

Sir, I have a change of the constitution of the business in GST, proprietor converted to a partnership firm, Now how to the transfer cash ledger balance from proprietor into the firm?

Thanking You

AI Summary

Business Owner Seeks Advice on Transferring Cash Ledger Balance with GST Change; ITC-02 Filing Confirmed Under Section 18(3), Rule 41. A business owner inquired about transferring a cash ledger balance from a sole proprietorship to a partnership firm due to a change in business structure under GST. One respondent suggested consulting a GST Range Officer and provided a link for guidance. Another mentioned the potential transfer of credit under Section 18(3) and Rule 41, questioning whether ITC-02 was filed and suggesting a possible refund route. A third participant agreed with the previous advice. The original inquirer confirmed that ITC-02 had been filed.