aggregate tournover
Shwet Kamal (80 Points)
09 December 2017
how to calculate of aggregate turnover .
1 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 09 December 2017
What is Aggregate Turnover?
The law says that “aggregate turnover” means the aggregate value of all Outward Supplies, excluding the value of inward supplies on which tax is payable by a person on reverse charge basis, exempt supplies, exports of goods or services or both and inter-state supplies of persons having the same Permanent Account Number, to be computed on an all-India basis but excludes Central tax, State tax, Union territory tax, Integrated tax and cess.
The law says that “aggregate turnover” means the aggregate value of all Outward Supplies, excluding the value of inward supplies on which tax is payable by a person on reverse charge basis, exempt supplies, exports of goods or services or both and inter-state supplies of persons having the same Permanent Account Number, to be computed on an all-India basis but excludes Central tax, State tax, Union territory tax, Integrated tax and cess.
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