Sir
I am going to start merchant export business and proprietor of business . while filling GSTIN form in Authorised signature page,two options given (1) letter of Authorization (2) decision taken in BOD/Committee.
Presently i am starting stage of business now I am only person in business.
My question is which option I could opt or other way is there
After uploading your picture, the next steps asks you for other information with a Slidder to choose are you also the Authorized Signatory. Choose Yes here.
| Originally posted by : B Vinay Reddy | ||
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In sole proprietorship Authorized Signature will be Proprietor itself |  |
In future, if proprietorship becomes shared what changes would come in Authorised signature? Will it automatically change to B.O.D. or is there a procedure that'll follow?
| Originally posted by : shahyar husain | ||
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Originally posted by : B Vinay Reddy In sole proprietorship Authorized Signature will be Proprietor itself In future, if proprietorship becomes shared what changes would come in Authorised signature? Will it automatically change to B.O.D. or is there a procedure that'll follow? |
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In case in future if proprietorship has been changed to Partnership/company then the GSTIN of proprietor should be surrendered and should obtain a new GSTIN where in the authorized signatory can be provided as usual.
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