In this article, we will discuss an important question that "Can we change name of firm in GST Registration". Though many people think that once GST Registration is obtained, it is not possible to change firm name. But, there is no need to worry friends... GST portal provides facility for change in the firm name but keep in mind you can not change the proprietor of the firm. The GST Act says that "where there is any changes in any particulars furnished in the application for GST Registration, the taxpayer shall within 15 days of such change submit an application for amendment in FORM GST REG-14 along with necessary documents." So, if you are intending to change name of your firm for any reason, read this article patiencefully.
What are the types of amendments you can make in GST Registration??
- Change in Core Field:- Core field means legal name of the business, the address of the principal place of business and additional place of business. Changes in Core Field needs approval of proper officer within 15 days after making amendment application.
- Change in Non-core Field:- All the fields except those covered under Core Fields are Non-Core Field. Amendment in Non-Core Fields don't require the approval of proper officer. Making amendment application online is sufficient.
- Change in Email or Mobile Number:- Only a simplified OTP verification process is there on GST portal for making change in email or mobile number.
What are the particulars which can not be amended in GST Registration??
Following particulars can not be changed in existing GST registration:-
- Amendment in PAN can not be made- Reason friends... GST registration number is PAN based.
- Change in constitution of firm can not be made at all for example:- change from proprietorship to partnership or LLP to company.
- Change in place of business from one state to another as GST Registration numbers are state specific.
Who can file amendment application in GST Registration particulars??
Following type of GST Registered taxpayers can file for amendment or revision of GST Registration particulars:-
- A normal taxpayer
- Online information database access & retrieval service providers
- GST Practitioners
- TDS/TCS Registrants under GST
- Embassies and other UN Bodies
- Non-Resident Foreign Taxable Person
How to make changes in the name of firm in GST Registration Certificate??
Step-1:- Visit the GST website at the following link:- https://www.gst.gov.in/
Step-2:- Login using your login credentials and password on the GST portal. On log-in, the portal will prompt for 'Captcha'. Enter 'Captcha' and press 'login' button.
Step-3:- Click on 'Services' tab on your login home page. On clicking 'Services', a drop down will appear.
Step-4:- Move the mouse on 'Registration' tab under services and choose "Amendment of Registration Core Fields".
Step-5:- On choosing "Amendment of Registration Core Fields", the 'Business Details' tab will appear. Select the field in which you want to make change.
Step-6:- For making change in the name of firm, click on edit ('pencil') icon on 'Trade Name'.
Step-7:- Enter the new name of the firm in the box.
Step-8:- Select the 'Date of Amendment' and also provide the reasons for making change in the trade name.
Step-9:- Click on 'Save' button at the bottom of the page.
Step-10:- Verify other information in "Business details", press "Continue" button at the bottom of the page.
Step-11:- Select "Verification" tab and click on Verification checkbox. Enter "Name of Authorized Signatory" from drop down list and also enter the name of the place in "Place" field.
Step-12:- The last step of successful amendment is signing the form by using Digital Signature Certificate (DSC)/ EVC and you are done with the change in firm name.
How much time it will take after submitting the amendment application??
- After making amendment application, the proper officer will pass the order for a change in the name of the firm within 15 working days of application.
- If the proper officer is not satisfied, he may serve a notice in FORM GST REG-03 within these 15 days for clarifications or further documents for processing your name change application.
- You need to reply within 7 working days in FORM GST REG-04.
- If the official is not satisfied with the reply, he may reject the amendment application and pass order in FORM GST REG-05.
