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aggregate turnover

achuth menon (274 Points)

18 March 2018

how is the turnover calculated is it state wise or all india basis?

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5 Replies

Uday (Article Assistant) (411 Points)
Replied 18 March 2018

PAN wise it will be calculated

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Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 18 March 2018

dear Menon : defination of aggregate turnover as per section 2(6) cgst

"aggregate turnover" means the aggregate value of all taxable 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 all India basis but excludes central tax, State tax, Union territory tax, integrated tax and cess

so it's pan based