Gross Turnover / Receipt including GST or Not
PRASHANT KISHOR CHAVAN (accountsant) (68 Points)
14 April 2018In old VAT rule u r gross receipts in IT act Sales + Vat CST for 44AD purpose but in GST Gross Receipts Including Out put GST or not
PRASHANT KISHOR CHAVAN (accountsant) (68 Points)
14 April 2018
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 14 April 2018
Yes no tax in included in aggregate turnover.Please see this video to see what is included and excluded in aggregate turnover.