https://www.taxtmi.com/forum/issue?id=117315 GST treatment of transfer of construction WIP on change in partnership constitution depends on whether the transfer qualifies as a transfer of a going concern. Serial no. 2 of Notification 12/2017-CTR refers to "services by way of transfer of a going concern, as a whole or an independent part thereof," and that characterisation will determine the GST treatment when land and/or WIP are taken over by departing partners, whether under separate agreements or a single agreement. en-us Mon, 28 Jun 2021 11:28:39 +0530 Thu, 23 Jan 2025 15:54:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117315 GST treatment of transfer of construction WIP on change in partnership constitution depends on whether the transfer qualifies as a transfer of a going concern. Serial no. 2 of Notification 12/2017-CTR refers to "services by way of transfer of a going concern, as a whole or an independent part thereof," and that characterisation will determine the GST treatment when land and/or WIP are taken over by departing partners, whether under separate agreements or a single agreement. Discussion-Forum GST Mon, 28 Jun 2021 11:28:39 +0530 https://www.taxtmi.com/forum/issue?id=117315