One Person Company is owned and managed by single person. OPC company is different form its director. GST was introduced on 1 July 2017 , many OPC Companies migrated / enrolled for OPC GST Registration. GST Registration is complete online process. There is no requirement of submission of physical documents. OPC company need to submit required documents scan copies in GST Registration application. GST Number is unique 12 digit number bases on companies PAN Number. In This article we discussing about GST Registration for OPC , Board resolution , List of documents and registration criteria.
GST Registration applicability can be divided in 5 Part for simple understanding
OPC Company involved in supplying of goods or services with aggregate turnover exceed Rs. 20 Lac in case of Services or 40 lac in case of Goods shall apply for GST Registration.
GST Registration for OPC Company is mandatory if company is business of supply of goods or service outside state irrespective of annual turnover. Example OPC registered in Maharashtra supply goods to Punjab then GST Registration is mandatory.
An Existing OPC having service tax / VAT / Excise registration must required to enroll for GST Registration. GST department initially provided provisional ID and Password for GST Migration.
OPC Company involved in supply of goods or service though e-commerce platform are mandatorily required to apply for GST Registration. For Example OPC company supply goods on e-commerce platform Like Flipkar , Paytm , amazon etc. need to apply for GST Registration.
A casual taxable person is someone who occasionally undertakes supply of goods or services having no fixed place of business. An example of a casual taxable person can be a fireworks shops setup during Diwali festival time, selling fireworks or a temporary food stall.
Following list of documents required for OPC GST Registration.
RESOLVED THAT the Board of Directors do hereby appoint <Name>, <Designation> of the ____ OPC Company as Authorised Signatory for registration of the Company on the Goods and Service Tax (GST) System Portal and to sign and submit various document electronically and/or physically and to make applications, communications, representations, modifications or alterations on behalf of the Company before the Central GST and/or the concerned State GST authorities as and when required.
FURTHER RESOLVED THAT<Name>, <Designation> of the Company be and is hereby authorized on behalf of the company to sign the returns, documents, letters, correspondences etc. and to represent on behalf of the Company, for assessments, appeals or otherwise before the goods and service tax authorities as and when required.
Below are steps for One Person Company GST Registration. Process for GST Registration is complete online.
One person company is different then its Director. Company is artificial legal person hence company need to appoint authorized person for GST Registration. On behalf of company director can sign GST Registration application. For submission of GST registration digital signature of director is required.
