Under Section 22 CGST Act 2017, GST REGISTRATION is MANDATORY for:

Question

Accepted Answer

B. every supplier whose AGGREGATE TURNOVER exceeds Rs 20 LAKH (Rs 40 lakh for goods suppliers in normal States; Rs 10 lakh for special category States) — plus categories under Section 24 requiring registration regardless of turnover

1. Section 22(1) CGST Act 2017: every SUPPLIER is liable to be REGISTERED in the State from where he makes a taxable supply if his aggregate turnover in a financial year exceeds:
2. (a) Rs 40 LAKH for SUPPLY OF GOODS (in States other than special category);
3. (b) Rs 20 LAKH for SUPPLY OF SERVICES (in States other than special category);
4. (c) Rs 20 LAKH for SUPPLY OF GOODS in SPECIAL CATEGORY STATES (Arunachal, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, Uttarakhand);
5. (d) Rs 10 LAKH for SUPPLY OF SERVICES in SPECIAL CATEGORY STATES.
6. Section 24 — MANDATORY REGISTRATION REGARDLESS OF TURNOVER for:
7. (i) inter-State suppliers (goods); (ii) casual taxable persons; (iii) RCM-paying recipients; (iv) e-commerce operators required to collect TCS; (v) non-resident taxable persons; (vi) input service distributors; (vii) suppliers to e-commerce.
8. Hence option B is correct.
_Source: CS Executive Paper 4 Tax Laws (ICSI BoS) + Income Tax Act 1961 + CGST Act 2017 — CGST Act 2017, Sections 22 and 24_

Answer

all businesses (cf. CGST Act 2017, Sections 22 and 24) (cf. CGST Act 2017, Sections 22 and 24) (cf. CGST Act 2017, Sections 22 and 24) (cf. CGST Act 2017, Sections 22 and 24) (cf. CGST Act 2017, Sections 22 and 24)

Answer

only large companies (cf. CGST Act 2017, Sections 22 and 24) (cf. CGST Act 2017, Sections 22 and 24) (cf. CGST Act 2017, Sections 22 and 24) (cf. CGST Act 2017, Sections 22 and 24) (cf. CGST Act 2017, Sections 22 and 24)

Answer

only listed companies (cf. CGST Act 2017, Sections 22 and 24) (cf. CGST Act 2017, Sections 22 and 24) (cf. CGST Act 2017, Sections 22 and 24) (cf. CGST Act 2017, Sections 22 and 24) (cf. CGST Act 2017, Sections 22 and 24)