GST Registration In Case of business reconsturction (conversion of Firm into private limited company)

I am registered under VAT in Maharashtra .I am going to close my business business before 31.03.2017 by transfering all my assets & liabilities to private limited company.Whether I am liable for registraton under GST or I should apply for registration in the name of private limited company who will continue the business. Please guide me

Asked on February 24, 2017 in GST Basics.
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    GST is proposed to be implemented from 1st July 2017 and all the existing assessees are required to complete GST Migration/Registration. If you are going to close your business then, first of all, you have to obtain ( or amend) VAT registration certificate in the name of Company from your State VAT department and thereafter you have to complete GST Migration/Registration in the name of new company.

    Answered on February 27, 2017.
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