ONE GSTIN for TWO Trade Names ?

26751 views 17 replies
Assessee is presently engaged in Repairing business and will continue doing it. *He already has GST no. for this business* Trade name- ABC solutions

Now he is also starting second business of Hotel and *he doesn't want another GST no. Rather, He wishes to add the second business details in the GST no. he already have*. Trade name of Hotel- PQR hotels

Query-
Whether an assessee can have 2 trade names under same GST No?
If yes, How to insert 2nd trade name while doing the amendment since the GST portal doesn't allow MORE THAN ONE TRADE NAME
What's the solution to this problem ?
Replies (17)

Login to the GST portal and select the option “Amendment of Registration Non - Core Fields” from the Registration tab.

 

Choose the option- “Additional Places of Business” from the given Non - Core Fields.

Click Continue. On the next window, you will be supposed to specify the Goods & Services you want to add. Enter the HSN code in case of goods.

Similarly, enter the SAC code in case of services, and click Save & Continue

Next, you’ll need to specify the total number of bank accounts held.

Next, you’ll have to enter the State Specific Information Such as Professional Tax Employee Code(EC), State Excise License No. with the person in whose name Excise License is held and Tax Registration Certificate (RC) No.

Finally you need to authenticate the entered information by clicking on Verification checkbox and clicking on Submit with DSC button.

Your business service will be added to your GST registration account.

Thanks for the Reply, but my question is whether an assessee can have 2 trade names under same GST No and  If yes, How to insert 2nd trade name while doing the amendment since the GST portal doesn't allow MORE THAN ONE TRADE NAME ?

Originally posted by : Prabhpreet Singh Sheetal
Thanks for the Reply, but my question is whether an assessee can have 2 trade names under same GST No and  If yes, How to insert 2nd trade name while doing the amendment since the GST portal doesn't allow MORE THAN ONE TRADE NAME ?

I just now gave steps above

Directly GST Portal not allowed to add two trade name at same time but you can follow this indirect way 

your legal name consider Trade name 1 i.e.   ABC solutions ( as Per your case)

and in trade name fill Trade name 2  PQR hotels

after this add this place as additional place of business with trade name ( PQR hotels) & address .

May be by this your query resolve.

if find another way than please share.

 


 

sir thank you for sharing information but when assessee wants to open a current account on second trade name he needs the GST certificate where it is showing first busiess name 

The goods and services tax (GST) regime allows only one registration against a permanent account number (PAN), but firms with multiple business verticals can choose to apply for multiple registration numbers against a corresponding PAN number. 

Currently two trade names are not possible in one GST registration number,but the applicant can move for another GST registration in the same PAN 

You can register two or more businesses under one GSTIN in the Same State but CAN NOT use Two Trade names under one GSTIN. The adding of new Business can  be done by Amendment of Registration of Non Core Fields by Adding new places of business and HSN Code of the new Business.

Kindly reply to my query. Can we have 2 GST numbers same state?

a person carrying on multiple business verticals in a state or Union territory may be granted a separate GST registration for each such business vertical subject to such conditions – As per Sec 25(2)

My query is the same. For a propriter the legal name is his own name and the trade name is the name of company he has chosen. 

So how can he have 2 trade names for 2 separate business under the common GST number. Assuming, if the business in one state only. 

World over you can have 2-3-4 trade names for a single registration. Why not here??

Need someone to share some insights. 

By adding additional place of business we can add only address ,please tell from where we can add new trade name in GST registration certificate ?

Dear Friends,

My client is a garments wholesaler, Individual & proprietorship. His business name is ABC Garments. He decided to start a hotel it's proposed name was XYZ Restaurant, Since he can't use the first name to the hotel, we decided to apply for a separate GST, but the application was rejected for the reason that we cannot have two GST numbers within a state. (only allowed in the case of IGST) We were guided to add a new business place with new HSNs, but there were no options to add the trade name. Without a trading name how can we open a new current account in a bank, how can we print bills? There are many accounting and practical problems associated with this. Is there any solution for this? Mr.Prabhpreet Singh Sheetal is also asking the same question from the beginning, 
 

Hi

In case of any changes to the legal name of a business, the GST registration certificate need not be cancelled. The existing GST registration can be amended to reflect the new business name. Changes to business name can be updated on the GST portal by filing FORM GST REG-14 within 15 days of change of business name.

On filing the application for change in business name, the GST Officer is required to verify the application and approve the amendment to the business name within 15 working days in FORM GST REG-15. On approval, the amendment would take effect from the date of occurrence of the event warranting the amendment.

Hope this helps.

Regards,


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register