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In a partnership firm consisting two partner, one partner died. What will be consequences as per GST?

In a partnership firm consisting two partner, one partner died. What will be consequences as per GST?

Reply—As a Partnership firm require minimum 2 Partners, in case of death of one Partner, Partnership firm will dissolved automatically. GST registration of Partnership firm is required to be cancelled. 

Remaining Partner can take fresh registration under GST as proprietor and can carry the ongoing business. 

Posted Date: May 25, 2021
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