Revenue definition as per gst
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 January 2017
Hii.....
The GST council, at its first meeting, agreed on a revenue threshold of Rs20 lakhs below which the traders will be exempted from GST.
Can anyone give me the definition of REVENUE as per GST.
The GST council, at its first meeting, agreed on a revenue threshold of Rs20 lakhs below which the traders will be exempted from GST.
Can anyone give me the definition of REVENUE as per GST.
14 January 2017
revenue threshold means annual turnover.
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Querist : Anonymous
Querist :
Anonymous
(Querist)
20 January 2017
WHETHER ANNUAL TURNOVER MEANS ONLY TAXABLE TURNOVER OR PROFIT & LOSS SALES AMOUNT ??????
24 January 2017
Turnover shall include aggregate value of taxable & non taxable supplies, exempt supplies & export of goods/services & exclude taxes viz GST. also annual turnover shall be computed on PAN India basis.
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