New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    Every supplier shall be liable to be registered under

    Central Goods & Services Act, 2017 in the State or Union Territory, other than special category State, from where he makes a taxable supply of goods or service or both, if his aggregate turnover in a financial year exceeds:
    A ₹ 15,00,000 Correct Answer Incorrect Answer
    B ₹ 20,00,000 Correct Answer Incorrect Answer
    C ₹ 25,00,000 Correct Answer Incorrect Answer
    D ₹ 30,00,000 Correct Answer Incorrect Answer

    Solution

    Companies with a aggregate turnover of more than Rs. 40 Lakhs (for goods) and Rs.20 lakhs (for services) are required to register for GST and pay taxes on their taxable goods and services. 

    Practice Next