{"id":43573,"date":"2024-04-15T21:31:21","date_gmt":"2024-04-15T21:31:21","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=43573"},"modified":"2024-04-15T21:31:21","modified_gmt":"2024-04-15T21:31:21","slug":"who-are-mandatorily-required-to-obtain-registration","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/who-are-mandatorily-required-to-obtain-registration\/","title":{"rendered":"Who are mandatorily required to obtain registration?"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Every Person&#8221; option2=&#8221;For an agriculturist or exclusively engaged in supplying exempt goods or services is not required and for others if specified threshold limit exceeds in a financial year&#8221; option3=&#8221;Not required for an agriculturist or person exclusively engaged in supplying exempt goods or services&#8221; option4=&#8221;No, only if specified threshold exceeds in a financial year then only need to obtain&#8221; correct=&#8221;option2&#8243;]<!--more--><\/p>\n<p>The correct answer is: <strong>B. For an agriculturist or exclusively engaged in supplying exempt goods or services is not required and for others if specified threshold limit exceeds in a financial year.<\/strong><\/p>\n<p>An agriculturist is a person who cultivates land or engages in animal husbandry. A person exclusively engaged in supplying exempt goods or services is a person who supplies only goods or services that are exempt from GST. The specified threshold limit is the value of taxable supplies made in a financial year. If a person exceeds the specified threshold limit, they are required to obtain GST registration.<\/p>\n<p>Option A is incorrect because not every person is required to obtain GST registration. Option C is incorrect because an agriculturist or person exclusively engaged in supplying exempt goods or services are required to obtain GST registration if they exceed the specified threshold limit. Option D is incorrect because a person is required to obtain GST registration if they exceed the specified threshold limit, even if they are not an agriculturist or person exclusively engaged in supplying exempt goods or services.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Every Person&#8221; option2=&#8221;For an agriculturist or exclusively engaged in supplying exempt goods or services is not required and for others if specified threshold limit exceeds in a financial year&#8221; option3=&#8221;Not required for an agriculturist or person exclusively engaged in supplying exempt goods or services&#8221; option4=&#8221;No, only if specified threshold exceeds in a financial year &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Who are mandatorily required to obtain registration?\" class=\"read-more button\" href=\"https:\/\/exam.pscnotes.com\/mcq\/who-are-mandatorily-required-to-obtain-registration\/#more-43573\">Detailed Solution<span class=\"screen-reader-text\">Who are mandatorily required to obtain registration?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[969],"tags":[],"class_list":["post-43573","post","type-post","status-publish","format-standard","hentry","category-gst","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Who are mandatorily required to obtain registration?<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/who-are-mandatorily-required-to-obtain-registration\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Who are mandatorily required to obtain registration?\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Every Person&#8221; option2=&#8221;For an agriculturist or exclusively engaged in supplying exempt goods or services is not required and for others if specified threshold limit exceeds in a financial year&#8221; option3=&#8221;Not required for an agriculturist or person exclusively engaged in supplying exempt goods or services&#8221; option4=&#8221;No, only if specified threshold exceeds in a financial year ... Detailed SolutionWho are mandatorily required to obtain registration?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/who-are-mandatorily-required-to-obtain-registration\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-15T21:31:21+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Who are mandatorily required to obtain registration?","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/who-are-mandatorily-required-to-obtain-registration\/","og_locale":"en_US","og_type":"article","og_title":"Who are mandatorily required to obtain registration?","og_description":"[amp_mcq option1=&#8221;Every Person&#8221; option2=&#8221;For an agriculturist or exclusively engaged in supplying exempt goods or services is not required and for others if specified threshold limit exceeds in a financial year&#8221; option3=&#8221;Not required for an agriculturist or person exclusively engaged in supplying exempt goods or services&#8221; option4=&#8221;No, only if specified threshold exceeds in a financial year ... Detailed SolutionWho are mandatorily required to obtain registration?","og_url":"https:\/\/exam.pscnotes.com\/mcq\/who-are-mandatorily-required-to-obtain-registration\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2024-04-15T21:31:21+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/who-are-mandatorily-required-to-obtain-registration\/","url":"https:\/\/exam.pscnotes.com\/mcq\/who-are-mandatorily-required-to-obtain-registration\/","name":"Who are mandatorily required to obtain registration?","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2024-04-15T21:31:21+00:00","dateModified":"2024-04-15T21:31:21+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/who-are-mandatorily-required-to-obtain-registration\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/who-are-mandatorily-required-to-obtain-registration\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/who-are-mandatorily-required-to-obtain-registration\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"Gst","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/gst\/"},{"@type":"ListItem","position":3,"name":"Who are mandatorily required to obtain registration?"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/43573","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=43573"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/43573\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=43573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=43573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=43573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}