| Originally posted by : Pankaj Rawat | ||
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RAHUL JI KINDLY READ 1.SECTION 2(6) CGST, AGGREGATE TURNOVER DEFINATION (WHICH INCLUDES EXEMPTED SUPPLY) 2. KINDLY READ DEFINATION OF SERVICES SECTION 2(102) 3. KINDLY REFER NOTIFICATION 12/2017 CT (RATE) PLZ GO THROUH THE ABOVE U WILL GET IT WHAT EXACTLY IAM SAYING |
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Still as per my opinion
I am right in my way.
| Originally posted by : Pankaj Rawat | ||
|
RAHUL JI KINDLY READ 1.SECTION 2(6) CGST, AGGREGATE TURNOVER DEFINATION (WHICH INCLUDES EXEMPTED SUPPLY) 2. KINDLY READ DEFINATION OF SERVICES SECTION 2(102) 3. KINDLY REFER NOTIFICATION 12/2017 CT (RATE) PLZ GO THROUH THE ABOVE U WILL GET IT WHAT EXACTLY IAM SAYING |
|
Still as per my opinion
I am right in my way.
whether interest income is supply or not ? If it is covered under supply, same will be taken for calculating aggregate TO. it is important for those whoes TO is on threshold limit of Rs 20 lacs. By including interest received they may be liabile for REGN and other supply (except interest)become taxable.
pl confirm whether interest income is covered under supply or not. defination of goods excludes money. pl provide reason for your valuable reply
the main word is consideration is charge there is no consideration present here
"The definition of aggregate turnover includes exempt supplies (Interest on FD in this case)."
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