Mr. Jambulal of Himachal Pradesh starts a new business and makes following supplies in the first month- (i) Intra-State supply of taxable goods…

CA Intermediate · Taxation · MTP · May 2024
Mr. Jambulal of Himachal Pradesh starts a new business and makes following supplies in the first month- (i) Intra-State supply of taxable goods amounting to 17 lakh (ii) Supply of exempted goods amounting to 1 lakh (iii) Inter-State supply of taxable goods amounting to 1 lakh Whether he is required to obtain registration?
(A) Mr. Jambulal is liable to obtain registration as the threshold limit of 10 lakh is crossed.
(B) Mr. Jambulal is not liable to obtain registration as he makes exempted supplies.
(C) Mr. Jambulal is liable to obtain registration as he makes the inter-State supply of goods.
(D) Mr. Jambulal is not liable to obtain registration as the threshold limit of 20 lakh is not crossed.

Suggested Answer and Working Notes:

Correct Answer: Option (C)

Mr. Jambulal is liable to obtain registration as he makes the inter-State supply of goods.

Topics: Paper 3B: Goods and Services Tax

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