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Impact on gst in case of conversion of partnership firm to llp

3138 views 4 replies

Dhruv Jain

Practicioner

208 Points Joined August 2014

If there is a conversion of Partnership Firm to LLP and there will be change in the Pan No.

Then how to deal with the registration of LLP in GST. Can we ammend the earlier Firm's registration details or we need to make a fresh registration of the LLP and surrender the earlier firm registration certificate.

Replies (4)

Veeresh Babu

47 Points Joined August 2017

if there is change in pan no. then you need to make fresh registration .And also when there is change in Constitution of business then it leads to cancellation of existing registration

saurabh sawlani

Self employed

2193 Points Joined March 2018

GSTIN in PAN based.

The PAN of the entity will change upon conversion from proprietorship into partnership. So, you cannot change the status from amendments section. The proprietorship GSTIN has to be surrendered and fresh application should be made for partnership GSTIN.