Vidyalelo
Commerce · Q25

GST

Graduate and Post Graduate · Commerce · question 25

Q25

Which one of the following is true?

A.
A person can collect tax only he is registered
Answer
B.
Registered person not liable to collect tax till his aggregate turnover exceeds threshold limit
C.
A person can collect the tax during the period of his provisional registration
D.
None of the above

Answer: Option A

Solution

Answer: Option A
Solution:
Only a registered taxable person can collect GST. The taxable person must prominently indicate the GST amount on tax invoices.