Krishnan a registered dealer in Karnataka has opted for composition scheme. He has a taxable turnover of goods for ₹20 lakhs and exempted turnover of goods for ₹15 lakhs within Karnataka in a tax period. If Krishnan is a

CS Executive · Tax Laws · PYQS · December 2023
Krishnan a registered dealer in Karnataka has opted for composition scheme. He has a taxable turnover of goods for ₹20 lakhs and exempted turnover of goods for ₹15 lakhs within Karnataka in a tax period. If Krishnan is a trader, the GST to be paid by him for the tax period is :
(A) ₹15,000
(B) ₹20,000
(C) ₹35,000
(D) Nil

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: GST

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