At the time of applying, a casual taxable person must deposit?
AEstimated tax liability
BA fixed Rs 10,000
CA year's turnover
DHalf of the turnover
Answer & Solution
Correct answer: A. Estimated tax liability
Section 27(2) requires an advance deposit equal to the estimated tax liability for the period of registration sought.
Keep practising GST Registration
Browse all GST Registration questions for CA Inter, or explore more Taxation topics.
Related questions
A non-resident taxable person occasionally supplies but lacks what in India?A casual taxable person occasionally supplies in a State where he has?A revocation application can be rejected only after?Revocation can be sought where cancellation was done by whom?Deadline to seek revocation, counted from service of the cancellation order?While a cancellation case is pending, registration may be?On a proprietor's death, who may apply for cancellation?The payment on cancellation is made by debit to credit or which ledger?