Reason to register for company in case of conversion of Proprietary into pvt LTD

[Kishore Dintakurthi]

Sirs

A sole proprietorship is being converted into company by takeover. We are applying gst registration for company. In the field of Reason to register, actually three options are there nearer to our situation.

1. Change in constitution
2. Amalgamation / merger
3. Transfer / succession of business

Which one to select ??

Whats your opinion sir? kindly clarify

AI Summary

Choosing the Right Reason for GST Registration: Sole Proprietorship to Private Limited Company Conversion A sole proprietorship is being converted into a private limited company, requiring a new GST registration. The query seeks advice on selecting the appropriate reason for registration, with options being 'Change in constitution,' 'Amalgamation/merger,' or 'Transfer/succession of business.' Two respondents recommend choosing 'Change in constitution,' while noting that the decision should consider the specific facts and circumstances of the situation.