How do I add a new nature of business to GST?

Step 1: Log in to the GST portal. Step 2: Under ‘Services’, select ‘Registration’ and then ‘Amendment of Registration Core Fields’. Step 3: Click on the ‘Additional place of business in GST’ tile and add the asked details.

How do I change the nature of core business activity in GST?

Changing of selection of core business activity. Step 1: Log in to the GST portal with valid user credentials. Step 2: On the dashboard, select the ‘View Profile’ option available on the right-hand side. Step 3: From the list of options available under the ‘Quick Links’, select ‘Core Business Activity Status’.

What is nature of business in GST?

Any trade, commerce, manufacture, profession, vocation or any other similar activity can be called as Business under GST. It can either be a core or an ancillary activity whether or not involving monetary benefits.

How do I change GST core fields?

To amend the information provided in the core fields during registration, you need to perform the following steps:

1. Access the www.gst.gov.in URL.
2. Click the Services> Registration > Amendment of Registration Core Fields link.
3. b) Edit the desired details and select the Date of Amendment using the calendar.

What is the nature of business activity?

The ‘outputs’ of a business are the goods and services that satisfy consumers’ needs, usually with the aim of making a profit. Business activity exists to produce goods or services, which can be classified in several ways: consumer goods, consumer services and capital goods.

What is nature of possession in GST?

Step 2: While filling up the form, select ‘Consent’ under the nature of possession of premises if the place of business is a rented premise or the taxpayer uses the premises of a relative. The owner of the premises must sign the consent letter.

Can I change the nature of my business?

If you change the nature of your business and the new business purpose is different than the original stated in the articles of incorporation, you must amend the articles of incorporation. In some states, it is permissible for the articles of incorporation to state a general business purpose.

What are the types of nature of business?

Nature of business types

• Government sector.
• Military sector.
• International sector.
• Private sector.
• Technology sector.
• Merchandising sector.
• Service sector.
• Manufacturing sector.

How do I amend additional business in GST?

Step-by-step guide on how to add an additional place of business on the GST portal

1. Step 1: Log in to the GST portal.
2. Step 2: Navigate to Service>Registration option and then select the amendment of registration core fields.
3. Step 3: Various tabs of editing will be displayed on the screen.

How do I amend a GST director?

Step 1: Log in to the GST portal. Step 2: Navigate to Services -> Registration -> Amendment of Registration Non-core Fields. Step 3: Various tabs for editing data will be displayed on the screen. A taxpayer should click on the authorised signatory tab.

How to change business details in GST?

Step 1: Go to GST home page by clicking www.gst.gov.in Step 3: Click on ‘Services’ tab from the main menu, hover the mouse on ‘Registration’ tab under services Step 4: Click on ‘Amendment Of Registration Core Fields’ to open the link Step 5: The “Business Details’ tab appears as a default.

What is nature of the business in GST?

Nature of the business is a core field in GST. Every registration application has two types of data fields – Core and Non-Core. A change made in the core field requires approval from the jurisdictional officer. However, if you make a change in the non-core field, that doesn’t require any approval.

Can I change the legal name of my GST registration?

Should there be a change in the legal name of a business, the GST registration certificate need not be cancelled. The existing registration can be amended within 15 days of change of business name by filing FORM GST REG-14.

What are the reasons for amendment in GST registration form?

While applying for amendment in particular fields of a registration form, it is mandatory to mention the “Reasons” for amendment in GST registration process. Change In Core Field: The changes in Core field includes the legal name of the business, the address of the principal place of business, and any additional place of business.