What is trade name in GST registration in case of proprietorship?

This is the name that comes on the tax ID or employee ID and is the legal name of the business in GST used on your tax returns. …

Can we change company name in proprietorship?

Since sole proprietorship firms are mostly not registered with any organization or statutory body, they can make a request to change their entity’s name to AMFI. Once your application goes through, you will have to mention that you are ‘AMFI registered mutual fund distributor’ along with the name of new company.

What is the difference between legal business name and trade name?

A legal name is the name of a person or entity that owns a business. A trade name is sometimes referred to as a “fictitious” or “doing business as (DBA)” title. For example, “McDonald’s” may be the trade name, but the legal name is “McDonald’s Corporation.” A trademark is a brand name.

Is business legal name and trade name the same?

A business can opt to have their business name and trade name be the same. A trade name may also be called a doing business as (DBA) name. It’s the name the public sees. If you want to operate under a different name than your legal business name, register a trade name for your company.

Can I have a different trade name?

June 21, 2021 Your business can either work under your legal name or a trade name. Moreover, every GST return form contains a different column of both trade name and legal name that needs to be furnished.

What is the difference between trade name and business name?

A trade name is the name your business is commonly known as or the name you use when advertising or doing business. A trade name is also called a DBA (doing business as) name. A good example of this is Walmart. A trade name is usually just the business’ name with “Inc.” or “LLC” dropped.

How easy is it to change your business name?

Whatever the reason, you can easily change your LLC’s name by filing paperwork with your state agency that handles business filings. The most difficult and time-consuming part of an LLC name change is altering your LLC’s name on all your business accounts, contracts and marketing materials.

How to change trade name in GST registration?

Using the personal login credentials, login to the GST account. Click on Registration. Click on Amendment of Registration core fields. Edit the Trade Name by clicking on Edit (a pen like icon) just near the Trade Name. Go to Verification tab and then submit the application.

Can I change the trade name in the proprietorship form?

Yes, the provision for changing the Trade Name in the proprietorship form does exist. Using the personal login credentials, login to the GST account. Click on Registration. Click on Amendment of Registration core fields.

Can I Change my PAN number on the GST portal?

The portal does not allow you to modify all the details you provide. To change PAN, you’ve to submit a fresh application using FORM GST REG – 1. Follow the simple procedure to make changes to details provided or to change GST registration details. Apply for a fresh registration.

What is the time limit for making changes in GST registration?

The GST Act says that “where there is any changes in any particulars furnished in the application for GST Registration, the taxpayer shall within 15 days of such change submit an application for amendment in FORM GST REG-14 along with necessary documents.”

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