Examine whether the supplier of goods is liable to get registered under section 24 of CGST Act, 2017 in the following independent cases: (b) Keshav Pan Bhandar of Varanasi (Uttar Pradesh) is exclusively engaged in intra-
CS Executive · Tax Laws and Practice · PYQS · December 2024
Examine whether the supplier of goods is liable to get registered under section 24 of CGST Act, 2017 in the following independent cases: (b) Keshav Pan Bhandar of Varanasi (Uttar Pradesh) is exclusively engaged in intra-State supply of pan masala. His aggregate turnover in the current financial year is ₹ 39 lakh.
Answer & Explanation:
Answer 6A(iv) (b) Keshav Pan Bhandar being exclusively engaged in supply of pan masala is not eligible for higher threshold limit of ₹ 40 lakhs. The applicable threshold limit for registration in this case is ₹ 20 lakhs. Since the aggregate annual turnover is ₹ 39 lakhs. Hence Keshav Pan Bhandar is liable to get registered under GST.
Topics: GST
Related Questions in this Topic
- GST is payable on advance received for supply of goods and services taxable under forward charge. Explain this statement...
- Determine whether the suppliers in the following cases are eligible for composition levy, under section 10(1) and 10(2) ...
- Ramada Ltd., registered under GST as normal taxpayer, is winding up its business in Uttar Pradesh. The Tax Consultant of...
- Arihant Ltd., a registered supplier from Rajkot, is engaged in the manufacture of heavy machinery. The company provides ...
- Shri Keshri Pvt, Ltd., a registered supplier from Rajasthan, furnishes the following information relating to goods sold ...