Answer the following: (i) Person liable for Compulsory Registration under GST
CS Executive · Setting up of Business Entities and Closure · PYQS · December 2024
Answer the following: (i) Person liable for Compulsory Registration under GST
Answer & Explanation:
Section 24 of Central Goods & Services Tax Act, 2017 provides compulsory registration in certain cases, irrespective of the aggregate turnover: Persons making any inter-state taxable supply. Casual taxable persons making taxable supply. Persons who are required to pay tax under reverse charge. Specified categories of service tax on intra-state supplies. Persons making taxable supply of goods or services or both on behalf of other taxable person(s). Input Service Distributor, whether or not separately registered under GST Law. Persons supplying goods or services or both through such electronics commerce operators who is required to collect tax at source under section 52 of GST Law. Every electronic commerce operator. Every person supplying online information from outside India to an unregistered person in India. Persons or class of persons notified by the Government on the recommendation of GST Council.
Topics: Goods and Services Tax (GST)
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