alleryStart learning →Several registered persons with one PAN may opt for composition only if:
AThe largest one opts
BAll such persons opt
CA majority of them opt
DThe oldest one opts
Answer & Solution
Correct answer: B. All such persons opt
The proviso to Section 10(2) requires every registered person under the same PAN to opt, else none is eligible.
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Related questions
For related-person tests, the term person also includes:Persons who are legally recognised partners in business are:Notified service of Rs 1,00,000 under reverse charge at 18%. Recipient pays?Intra-State sale of Rs 2,00,000 at 18% GST. CGST payable?Rs 50,000 sale; pre-agreed invoice-linked Rs 5,000 later discount, ITC reversed. Value?Rs 50,000 sale; Rs 5,000 later discount never agreed earlier. Value?Price Rs 20,000 plus Rs 1,000 State-law cess billed separately. GST at 18%?Price Rs 30,000; buyer paid supplier's Rs 2,000 insurance, not in price. Value?