Whether New PAN to be applied if PAN has been issued under wrong nature of Person?

Please suggest the course of action to be taken in the following case:

Assessee is a Cooperative Credit Society which was formed around in 1956. While the PAN was issued in the name of this CoOperative Society, whoever done this, mistakenly put the nature of person as COMPANY! And with this PAN only GST Registration had been obtained. 

Now, how to rectify this mistake? Whether a new PAN to be applied or any other way is there? And what will be the consequences with the GSTIN if new PAN to be applied?

 

Thank you 

Replies (5)

It depends on per country's practice. In our practice if that's he case, the PAN would be ineffective/void.

Yes it's better to apply new pan
and society Wii get dedication in sec80P
It's advisable you contact PAN agency UTI ITSL or TIN-NSDL and sort out this error and then follow the process as advised.

I don't think a fresh PAN No. will be required to apply for
No it's not possible in my case same problem I tried so much but no use lastly I applied new pan
Okay thank you all for your opinions.

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