1. X & Co., a supplier registered under GST in Meghalaya, wants to opt for composition levy. The aggregate turnover limit for composition levy is-
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14%
(a) ₹ 50 lakh
60%
(b) ₹ 75 lakh
21%
(c) ₹ 1.5 crore
5%
(d) none of the above
2. The person making inter-State supply of goods from Madhya Pradesh is compulsorily required to get registered under GST, provided such goods are not notified handicraft goods nor predominantly hand- made notified products .
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21%
(a) if his aggregate turnover exceeds ₹ 20 lakh in a financial year
2%
(b) if his aggregate turnover exceeds ₹ 10 lakh in a financial year
28%
(c) if his aggregate turnover exceeds ₹ 40 lakh in a financial year
50%
(d) irrespective of the amount of aggregate turnover in a financial year since he is making inter-
5. Subhas & Co., a registered person, supplies taxable goods to unregistered persons. It need not issue tax invoice, if the value of supply of goods to such persons is and the recipient does not require such invoice.
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12%
1200
5%
600
25%
150
58%
200
7. Services by way of transportation of by rail from Chennai to Gujarat is exempt from GST.
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49%
(i) pulses,military equipments
5%
(ii) pules, electric equipments
14%
(iii) military equipments ,jaggery
32%
iv) pules, millitary equipments, electric equipments , jaggery
9. Mr. X, a casual taxable person, is not involved in making taxable supplies of notified handicraft goods or predominantly hand-made notified products. Which of the following statements is true for Mr. X - a casual taxable person?
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16%
(a) Mr. X is not required to take registration under GST under any circumstances.
19%
(b) Mr. X is required to get registration under GST if the aggregate turnover in a financia 20 lakhs
13%
(c) Mr. X is required to get registration under GST if the aggregate turnover in a financ ₹ 40 lakh.
51%
(d) Mr. X has to compulsorily get registered under GST irrespective of the threshold limit.