What are business compliances in India?

Business compliances are mandatory statutory filings and regulatory obligations prescribed by authorities such as MCA, Income Tax Department, GST authorities, and labour departments.

Is ROC compliance mandatory for all companies?

Yes, all registered companies including Private Limited, OPC, LLPs, and Public Limited Companies must file periodic ROC compliances to remain legally active.

What happens if business compliances are missed?

Missing compliances can result in heavy penalties, late fees, director disqualification, legal notices, and business restrictions.

Are compliances different for LLP and Private Limited Company?

Yes, LLPs and Private Limited Companies have different compliance structures, forms, and filing timelines as per MCA regulations.

Does TRAX provide ongoing compliance management?

Yes, TRAX offers end-to-end ongoing compliance management including tracking, reminders, filings, and expert support.

GST Amendment

GST Amendment allows registered businesses to update changes in business details on the GST portal. TRAX helps you file GST amendments accurately to avoid notices, rejection, or compliance issues.

✓ Online filing ✓ GST portal compliant ✓ Expert review

What is GST Amendment?

GST Amendment is the process of updating changes in a taxpayer’s registration details after GST registration. Any change in business information must be reported on the GST portal within the prescribed timeline.

Types of GST Amendments

Core Amendments

Changes related to business name, address, partners, directors, or principal place of business. These require approval from the GST department.

Non-Core Amendments

Changes related to contact details, bank account, authorized signatory, or additional places of business.

Bank Account Update

Addition or modification of bank account details linked to GST registration.

When is GST Amendment Required?

Change in Business Address

Shifting of principal or additional place of business.

Change in Partners / Directors

Addition, removal, or change in partners or directors.

Change in Business Name

Legal name or trade name change.

Change in Nature of Business

Adding or modifying business activities.

Contact Details Update

Change in email ID or mobile number.

Bank Details Update

Updating bank accounts for GST refunds and compliance.

GST Amendment Process

Identify required amendment type

Prepare supporting documents

File amendment on GST portal

Approval & confirmation

Update Your GST Details with TRAX

Share your details and our GST experts will assist you with amendments.