2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Goa
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Kerala
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Maharashtra
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Karnataka
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Detailed explanation-1: -The correct answer is Maharashtra.
Detailed explanation-2: -20 lakh in a year is required to get GST registration in Andhra Pradesh. Whereas an entity that is engaged in the supply of goods is required to crosses Rs. 40 lakh is required to get the GST registration in Andhra Pradesh mandatorily.
Detailed explanation-3: -Salary Account. HOW TO CALCULATE AGGREGATE TURNOVER FOR GST REGISTRATION? A business whose aggregate turnover in a financial year exceeds Rs 20 lakhs has to mandatorily register under Goods and Services Tax. This limit is set at Rs 10 lakhs for North Eastern and hilly states flagged as special category states.
Detailed explanation-4: -Goods Provider Annual Turnover – If your annual turnover crosses Rs. 40 lakh, it is then mandatory to register GST. The limit is Rs. 20 lakh per year for the special category states.
Detailed explanation-5: -Assam is in the list of states which are assigned special status under GST. The threshold limit of aggregate turnover for Assam has been kept at Rs. 10 lakhs.