Introduction:

Section 28 deals with the amendment of GST registration. Businesses may require amendment of GST registration due to various reasons, including changes in business structure, contact details, or legal entity or any other reasons. Timely amendments ensure that the information maintained by the GST authorities is accurate and up-to-date. This article serves as a comprehensive guide to understanding the process of amendment of GST registration details, the types of amendments, and the significance of staying compliant in the face of change.

Section 1: What are the Types of amendment of GST registration?

A registered person may need to make some changes or amendments in the registration application. The amendments have been  classified into two main categories in the registration application, namely Core filed and non-core field

Core fields are name f the business, ( legal name ) if there is no change in PAN, addition  or  deletion of stakeholders, principal place of business ( other than change in State ) or additional place of business ( other than change in state )

All other fields are non-core fields like name of day to day functionaries, e-mail ids, mobile numbers, etc.

In case the change is in core information in the registration applications, the taxable person will apply for amendment within 15 days of thee event. The proper officer, then, will approve the amendment within next 15 days. For other changes – non-core information, no approval of the proper officer is required, and the amendment can be affected by the taxable person on his own on the common portal.

Section 2: Procedure for amendment of GST Registration

In case of core filed following steps should be followed

1. Login to GST portal and go to services and select the amendment of registration core filed
2. Make the necessary changes and submit the application within 15 days
3. Proper officer looks at the submitted application
4. The proper officer verify the documents submitted and if he satisfy with the furnished details, the permission will be granted within next 15 days
5. Registration certificate amended and you can downloaded.
6. If the proper officer feels that the furnished documents are incomplete or incorrect, the proper officer serves a notice,  seeking the clarification
7. If the registered person replies to the notice within 7 working days, and the if the reply satisfactory to the proper officer, amendment will be granted

In case of non -core filed following steps should be followed

1. Login to GST portal and go to services and select the amendment of registration non-core filed
2. Make the necessary changes and submit the application
3. Amendment will be granted

Conclusion:

Amendment of GST registration under section 28 is required to keep the GST records aligned with the current business landscape. As and when changes takes place in business its required by the business to informed the changes by filing a application in core or non-core filed as required. The amendment of GST registration of business should prioritize accuracy, adhere to documentation requirements, and stay informed about the approval timelines. By embracing the flexibility offered by GST, businesses position themselves for compliance and success in the ever-evolving tax landscape.

Disclaimer: The content and views stated in this article is solely for informational purpose only.

To open a Demat and Trading Account click on the below link

https://wealthy.in/broking?rCode=antho20557

https://alicebluepartner.com/open-myaccount/?B=SBLR1143

To Start investing in Mutual Fund use the below link

https://www.wealthy.in/p/antho20557

To shop Pure Leather Shoes and Belts use the below link

https://seeandwear.com/?ref=ffjbduxp

User the below coupon code to get Discount

1. Apply Code PREPAID5 and get extra 5% off on prepaid orders
2. Apply Code PREPAID10 and get extra 10% off on prepaid orders. Minimum purchase Rs 1800.
3. Get Extra 20% Off on selected casual shoes. Use Code – CASUAL20
4. Use Coupon Code CHELSEA12 and get extra 12% off on Chelsea Boots.
5. Use coupon code TSHIRT30 and get extra 30% off on Tshirts