https://www.taxtmi.com/forum/issue?id=117938 Conversion of a partnership into an LLP may be treated as a transfer of business if a new legal entity arises or PAN changes, requiring fresh GST registration; where assets and liabilities are transferred, the transferor should file FORM ITC-02 to transfer input tax credit. If PAN and GST registration can be retained, conversion may not amount to a transfer. Verify PAN continuity and ensure correct recording and filings to secure GST compliance. en-us Sat, 30 Apr 2022 17:45:39 +0530 Thu, 23 Jan 2025 15:54:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117938 Conversion of a partnership into an LLP may be treated as a transfer of business if a new legal entity arises or PAN changes, requiring fresh GST registration; where assets and liabilities are transferred, the transferor should file FORM ITC-02 to transfer input tax credit. If PAN and GST registration can be retained, conversion may not amount to a transfer. Verify PAN continuity and ensure correct recording and filings to secure GST compliance. Discussion-Forum GST Sat, 30 Apr 2022 17:45:39 +0530 https://www.taxtmi.com/forum/issue?id=117938