Turnover limit

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27 May 2013 what is turnover in VAT.Whether it includes Tax or Not?

27 May 2013 Please mention the specific vat act or state for which you raised the question?

turnover doesn't includes the tax amount.

28 May 2013 Turnover is generally defined to include tax collected. However you are advised to verify the definition of turnover as per the local vat act




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