Letter Of Authorization Format For Gst For Proprietorship

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Letter of Authorization for GST Registration: Who is an Authorized Signatory in GST?

Introduction

The Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services. It is a destination-based tax, which means that it is levied at the point of consumption. The GST Act, 2017 provides for the registration of businesses under GST. A business that is required to register under GST must file an application for registration in the prescribed format.

Who is an Authorized Signatory in GST?

An authorized signatory is a person who is authorized to sign documents on behalf of a business. In the context of GST, an authorized signatory is a person who is authorized to sign the GST registration application and other GST-related documents.

Types of Authorized Signatories

There are two types of authorized signatories:

1. Proprietor or Partner: The proprietor of a sole proprietorship or a partner of a partnership firm can be an authorized signatory.
2. Authorized Representative: A business can appoint an authorized representative to be an authorized signatory. The authorized representative must be a person who is authorized to act on behalf of the business.

Letter of Authorization for GST Registration

A business that is required to register under GST must file a Letter of Authorization (LoA) along with the GST registration application. The LoA is a document that authorizes the authorized signatory to sign the GST registration application and other GST-related documents.

Format of LoA

The LoA must be in the prescribed format. The format of the LoA is available on the GST portal.

Contents of LoA

The LoA must contain the following information:

• Name of the business
• GSTIN of the business
• Name of the authorized signatory
• Designation of the authorized signatory
• Signature of the authorized signatory
• Date

Conclusion

The LoA is an important document that is required for GST registration. Businesses must ensure that the LoA is properly filled out and signed before submitting the GST registration application.

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