One Person Company GST Registration
One Person Company GST Registration
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.
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Applicability for GST Registration of OPC
GST Registration applicability can be divided in 5 Part for simple understanding
- Turnover criteria
- Supply outside state ( Interstate supply )
- Existing VAT / Service Tax / Excise registration
- E-commerce sellers
- Casual Taxable Person
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1# Turnover Criteria
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.
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2# Supply Outside state
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.
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3# Existing VAT / Service Tax / Excise registration
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.
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4# E-commerce Seller
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.
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5# Casual Person
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.
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List of Documents for OPC GST Registration
Following list of documents required for OPC GST Registration.
- PAN Card of OPC company
- OPC Certificate
- AOA & MOA
- PAN & Address Proof of Director
- Cell No & Email ID of authorized person
- Bank details- a copy of canceled cheque or bank statement
- Board Resolution for Appoint Authorized Person
- Address Proof of Company
Own office – Copy of electricity bill/landline bill/ water bill/ municipal khata copy/ property tax receipt and in case of Rented office – Rent agreement and No objection certificate (NOC) from the owne
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Board Resolution 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.
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Process of GST Registration of OPC – 10 Steps
Below are steps for One Person Company GST Registration. Process for GST Registration is complete online.
- Login to the GST Online Portal.
- Fill up Form Part-A (PAN, Mobile No., and E-mail).
- The Portal verifies your detail by OTP/E-mail.
- Upload the required documents.
- Access and fill in Part B using received number.
- You will get the Application Reference Number.
- The GST Officer starts verifying your documents.
- The GST Officer either rejects or accepts your application within 7 working days.
- In case of any further proofs or clarifications required, one must provide the same.
- After all the clarifications GSTN number shall be allotted to you.
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Director DSC For GST Registration
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.
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