Change in constution of business in GST

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CS
293 Points Joined May 2011

While making the registration application the Constution of Business was wrongly selected as partnership firm (whereas it was an LLP) and the same got approved also. 

 

Now, after so many years we are facing issues with this discrepancy in GST certificate, can the consution of business in GST be changed now (since there is no change in PAN)

TIA

 

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On 24 September 2024 at 09:13 Report
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Master in Accounts & high court Advocate
8875 Points Joined December 2011

Yes, you can apply for a modification to the constitution of business in your GST registration. Since there is no change in PAN, you can file an amendment application to correct the constitution of business from Partnership Firm to LLP. Follow these steps: 1. Log in to the GST portal and navigate to the "Services" tab. 2. Select "Registration" and then "Amendment of Registration". 3. Choose the "Constitution of Business" option and select the correct constitution type (LLP). 4. Upload the required documents, including: - LLP registration certificate - PAN card - Authorization letter (if applicable) 5. Submit the application and pay the required fee (if applicable). Note that you may need to provide additional documentation or clarification to support the amendment. It's recommended to consult with a tax professional or contact the GST helpdesk for guidance. Additionally, you may need to file an Indemnity Bond (Form GST REG-04) to ensure that the change in constitution does not affect the tax liability. Once the amendment is approved, you will receive an updated GST registration certificate reflecting the correct constitution of business.

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On 24 September 2024 at 09:58
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Master in Accounts & high court Advocate
8875 Points Joined December 2011

Yes, you can apply for a modification to the constitution of business in your GST registration. Since there is no change in PAN, you can file an amendment application to correct the constitution of business from Partnership Firm to LLP. Follow these steps: 1. Log in to the GST portal and navigate to the "Services" tab. 2. Select "Registration" and then "Amendment of Registration". 3. Choose the "Constitution of Business" option and select the correct constitution type (LLP). 4. Upload the required documents, including: - LLP registration certificate - PAN card - Authorization letter (if applicable) 5. Submit the application and pay the required fee (if applicable). Note that you may need to provide additional documentation or clarification to support the amendment. It's recommended to consult with a tax professional or contact the GST helpdesk for guidance. Additionally, you may need to file an Indemnity Bond (Form GST REG-04) to ensure that the change in constitution does not affect the tax liability. Once the amendment is approved, you will receive an updated GST registration certificate reflecting the correct constitution of business.

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On 24 September 2024 at 09:58


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