<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>GST on transfer of partnership share in LLP</title>
    <link>https://www.taxtmi.com/forum/issue?id=119121</link>
    <description>GST treatment of a partner&#039;s transfer of partnership interest depends on the transaction&#039;s character: issuance of company shares is likely outside GST as securities, while the transfer of partnership interest may be a supply of service. The nature of the agreement governs taxability-if the payment to the retiring partner is a repayment of capital it should not attract GST; if it conveys remunerative rights in exchange for shares it may be taxable.</description>
    <language>en-us</language>
    <pubDate>Wed, 22 May 2024 12:57:51 +0530</pubDate>
    <lastBuildDate>Fri, 24 Jan 2025 10:40:22 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=753946" rel="self" type="application/rss+xml"/>
    <item>
      <title>GST on transfer of partnership share in LLP</title>
      <link>https://www.taxtmi.com/forum/issue?id=119121</link>
      <description>GST treatment of a partner&#039;s transfer of partnership interest depends on the transaction&#039;s character: issuance of company shares is likely outside GST as securities, while the transfer of partnership interest may be a supply of service. The nature of the agreement governs taxability-if the payment to the retiring partner is a repayment of capital it should not attract GST; if it conveys remunerative rights in exchange for shares it may be taxable.</description>
      <category>Discussion-Forum</category>
      <law>GST</law>
      <pubDate>Wed, 22 May 2024 12:57:51 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/forum/issue?id=119121</guid>
    </item>
  </channel>
</rss>