GST

Which of the following is NOT a GST registration requirement?

• Providing tourism related service

• Total value of goods sold and services supplied during the past 12 months exceeded MVR 1,000,000

• Total value of sale of goods and supply of services for the following 12 months is estimated to exceed MVR 1,000,000

• Total value of sale of goods and supply of services for the following 12 months is estimated to exceed MVR 500,000

Which of the following is NOT a tourism related good or a service?

• Operating a resort

• A shop inside the boundary of a guesthouse

• A diving school located in Male'

• a tourist vessel

What is GST registration form?

• MIRA 105

• MIRA 501

• MIRA 106

• MIRA 107

GST registration certificate is not required to be displayed at premises.

• True

• False

Each tourist resort will be registered separately for GST

• True

• False

Which one of the following persons are not required to register for GST?

• Government authorities who import goods

• Person who import goods for business use

• A company who import goods

What is GST non registration fine?

• MVR 100 per day not exceeding MVR 500,000.

• MVR 50 per day not exceeding MVR 5000.

• MVR 50 per day not exceeding MVR 1000.

• MVR 60 per day not exceeding MVR 5000.

When should a business commence charging GST from customers?

• From the date sated on the GST registration certificate

• With in 30 days from the date stated on the GST registration certificate

• With in 15 days from the date stated on the GST registration certificate

• Once your taxable income exceeds MVR 720,000.

Fadhuva is a operator of a guest house since 3rd January 2020. The guesthouse is registered for TGST. She started a local grocery shop on 1 November 2020. She does not estimate that her sales for the grocery shop will reach MVR 1 million in upcoming 12 months. Also her Guesthouse was closed since January. Is she required to register her grocery shop for GST?

• Yes

• No

Usaid's friend Jacob is a foreign national. He went to Maldivian ticketing office to buy a ticket for Jacob to travel from Male' to Hanimaadhoo. At what rate Maldivian will charge GST on this ticket?

• 6%

• 12%

• 0%

• 8%