Answered: If a new enterprise's GST turnover does…

If a new enterprise's GST turnover does not meet the relevant registration turnover threshold, there is no need or incentive for that enterprise to register for GST. true or false?

Auditing: A Risk Based-Approach to Conducting a Quality Audit

10th Edition

ISBN:9781305080577

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter9: Auditing The Revenue Cycle

Section: Chapter Questions

Problem 4TFQ

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If a new enterprise's GST turnover does not
meet the relevant registration turnover
threshold, there is no need or incentive for that
enterprise to register for GST.
true or false?

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