https://www.taxtmi.com/forum/issue?id=119026 Whether transfer of stock-in-trade on partition of a Hindu Undivided Family is a taxable supply under GST turns on two questions: (i) whether the distribution to members without consideration constitutes a supply, including whether Schedule I's related-person entry applies, and (ii) whether Schedule II para 4(c) - deeming goods part of business assets to be supplied when a taxable person ceases to be such - brings the transfer into the course or furtherance of business unless saved by a going-concern transfer or personal representative rule. en-us Tue, 12 Mar 2024 16:55:14 +0530 Fri, 24 Jan 2025 10:40:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119026 Whether transfer of stock-in-trade on partition of a Hindu Undivided Family is a taxable supply under GST turns on two questions: (i) whether the distribution to members without consideration constitutes a supply, including whether Schedule I's related-person entry applies, and (ii) whether Schedule II para 4(c) - deeming goods part of business assets to be supplied when a taxable person ceases to be such - brings the transfer into the course or furtherance of business unless saved by a going-concern transfer or personal representative rule. Discussion-Forum GST Tue, 12 Mar 2024 16:55:14 +0530 https://www.taxtmi.com/forum/issue?id=119026