Practice free →
HomeCA FinalindirecttaxlawsRegistration › Sec 24 — persons compulsorily required to regist…

Sec 24 — persons compulsorily required to register (regardless of turnover) include:

ACasual taxable persons making taxable supply
BInter-State supplier of services up to Rs 20 lakh
CPersons making intra-State supplies below threshold
DPersons engaged exclusively in exempt supplies
Answer & Solution
Correct answer: A. Casual taxable persons making taxable supply
1. Sec 24 — categories required to register notwithstanding Sec 22: 2. (i) inter-State suppliers of GOODS (services have Sec 23(1) exemption up to Rs 20 lakh), (ii) casual taxable persons, (iii) RCM payers, (iv) Sec 9(5) ECOs, (v) non-resident taxable persons, (vi) TDS deductors, (vii) ECOs, (viii) input service distributors, (ix) persons supplying via ECOs (other than Sec 9(5)). 3. Casual taxable persons (CTP) and non-resident taxable persons (NRTP) must register regardless of turnover. _Source: ICAI BoS CA Final Paper 8, Ch 7 "Registration", §Sec 24_
Solve this in the app — CA Final practice & 24k+ MCQs →
Related questions