Tag Archives: Vivek Hetamsaria

Gratuitous Permanent Transfer of Running Business Between Distinct Persons Constitutes Supply Under GST

By | October 10, 2026

Gratuitous Permanent Transfer of Running Business Between Distinct Persons Constitutes Supply Under GST Issue Whether the proposed permanent transfer of an entire running business from a sole proprietorship to a Limited Liability Partnership (LLP) without consideration constitutes a “supply” under Section 7 of the Central Goods and Services Tax Act, 2017 / West Bengal Goods… Read More »