https://www.taxtmi.com/forum/issue?id=114569 Change of constitution from proprietorship to partnership: transfer of stock and capital goods where no ITC is available. Responses indicate that transfer of business as a going concern does not attract GST, citing Notification 12/2017 Chapter 99 which treats services by way of transfer of a going concern as nil-rated, and conclude that GST is not attracted on such transfers while noting the need to document the transfer. en-us Thu, 31 Jan 2019 20:44:13 +0530 Thu, 23 Jan 2025 15:55:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114569 Change of constitution from proprietorship to partnership: transfer of stock and capital goods where no ITC is available. Responses indicate that transfer of business as a going concern does not attract GST, citing Notification 12/2017 Chapter 99 which treats services by way of transfer of a going concern as nil-rated, and conclude that GST is not attracted on such transfers while noting the need to document the transfer. Discussion-Forum GST Thu, 31 Jan 2019 20:44:13 +0530 https://www.taxtmi.com/forum/issue?id=114569