Which of the following statement is Incorrect? A person in a business needs to register for GST when the business turnover exceeds or is likely to exceeds the turnover threshold in a given year. If the business turnover is less than the threshold, the business may still register for GST purposes. OA person in a business needs to register for GST when the business turnover exceeds or is likely to exceed $75,000 in a given year. If the business turnover is less than $75,000 the business cannot register for GST purposes. It is not possible for an entity to register for GST unless they carry on an enterprise. O An entity has 21 days to register from the time the requirements to register have been met.