Composition levy
lokesh agrawal (142 Points)
28 July 2019
Whether In Aggregate turnover we can include the all states turnover if they have different pan?
2 Replies
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 28 July 2019
No. ........
Aggregate Turnover Computed for turnover
Aggregate Turnover Computed for turnover
Shivam RC
(Student)
(23683 Points)
Replied 28 July 2019
No..
The term Aggregate Turnover has been defined u/s 2(6) of the CGST Act 2017 :
"Aggregate Turnover means the aggregate value of all taxable supply ( excluding the value of inward supply on which tax is payable by a person in reverse charge basis ) exempt supply, export of goods or services or both and Inter State Supply of persons having the *"same Permanent Account Number"* to be computed on all India basis but excludes CGST, SGST, UTGST, IGST and Cess.
Therefore, turnover of same PAN entities to be computed to get the value of Aggregate Turnover.
Warm Regards.
The term Aggregate Turnover has been defined u/s 2(6) of the CGST Act 2017 :
"Aggregate Turnover means the aggregate value of all taxable supply ( excluding the value of inward supply on which tax is payable by a person in reverse charge basis ) exempt supply, export of goods or services or both and Inter State Supply of persons having the *"same Permanent Account Number"* to be computed on all India basis but excludes CGST, SGST, UTGST, IGST and Cess.
Therefore, turnover of same PAN entities to be computed to get the value of Aggregate Turnover.
Warm Regards.
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