S.tax registration
This query is : Resolved
31 January 2013
I want to know that whether i can got the registration of service tax on the name of Prop. or on the name of the proprietorship firm.
04 February 2013
First off all thanks for the reply.
I have to open the Current account in the ICICI bank & there requirement is ST-2 should be in the name of the firm . But I have applied ST-1 in the name of the Prop. and ST-2 Is issued . Right know what is the better option to change the name of the ST-2 from name of the Prop. to the name to Proprietorship firm. Pls reply as soon as possible.
I have to open the Current account in the ICICI bank & there requirement is ST-2 should be in the name of the firm . But I have applied ST-1 in the name of the Prop. and ST-2 Is issued . Right know what is the better option to change the name of the ST-2 from name of the Prop. to the name to Proprietorship firm. Pls reply as soon as possible.
22 July 2025
In the case of a proprietorship, there is no legal distinction between the proprietor and the proprietorship firm. However, for practical purposes, especially for banks (like ICICI), ST-2 must reflect the trade name (i.e. the name of the firm), not just the individual proprietor's name.
✅ Here's what you can do:
🔄 Amend Your ST-2 Registration
You need to amend your Service Tax registration (ST-2) to reflect the proprietorship firm name (trade name).
📝 Steps to Amend ST-2:
Login to ACES portal (https://www.aces.gov.in).
Go to REG → Amend ST1.
Under the section for Trade Name, enter your proprietorship firm's name (e.g., M/s Shree Enterprises).
Submit the amendment request with supporting documents, such as:
PAN card of proprietor
Aadhaar card
Address proof
Proof of business name usage (like electricity bill, rent agreement, or letterhead with firm name)
Once approved, you'll get a revised ST-2 showing:
Legal name: Proprietor’s name
Trade name: Proprietorship firm's name
📌 Notes:
You do not need to cancel and reapply for ST registration. Just amend it.
Most banks require the trade name on ST-2 to match the name under which you’re opening the account.
While the ST-2 legally belongs to the individual, the trade name is crucial for operational clarity.
✅ Here's what you can do:
🔄 Amend Your ST-2 Registration
You need to amend your Service Tax registration (ST-2) to reflect the proprietorship firm name (trade name).
📝 Steps to Amend ST-2:
Login to ACES portal (https://www.aces.gov.in).
Go to REG → Amend ST1.
Under the section for Trade Name, enter your proprietorship firm's name (e.g., M/s Shree Enterprises).
Submit the amendment request with supporting documents, such as:
PAN card of proprietor
Aadhaar card
Address proof
Proof of business name usage (like electricity bill, rent agreement, or letterhead with firm name)
Once approved, you'll get a revised ST-2 showing:
Legal name: Proprietor’s name
Trade name: Proprietorship firm's name
📌 Notes:
You do not need to cancel and reapply for ST registration. Just amend it.
Most banks require the trade name on ST-2 to match the name under which you’re opening the account.
While the ST-2 legally belongs to the individual, the trade name is crucial for operational clarity.
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