Changing the name of the company

This query is : Resolved

M SIVAKUMAR (Querist)
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30 April 2019 I am the Proprietor of Raja Hardwares for the past 15 years. Now I want to change my business name as Yuvaraja Hardwares as my Proprietary concern. In that case whether I have to collect all my Sundry debtors and to settle my Sundry creditors of Raja Hardwares or my new concern Yuvaraja Hardwares can taken over all sundry debtors, sundry creditors and closing stock of Raja Hardwares. Whether I have to close my GST Registtration of Raja Hardwares and obtain new GST Registration for Yuvaraja Hardwares. - KINDLY CLARIFY

Read more at: https://www.caclubindia.com/experts/company-name-change-2731914.asp

CA. Brijesh Baranwal

CA. Brijesh Baranwal (Expert)
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30 April 2019 In case of Proprietorship, PAN remains the same. However, you may make changes in the business name. Please update the same in GST and other records.