Gst audit turnover

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What is Turnover for GST Audit ?

How to calculate Turnover for GST Audit ?

Whether VAT turnover want to inclue in this or Only GST ?

Replies (12)
Turnover during the year should be 2 crores....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
No I don't think post GST turnover is to be considered
Turnover in this case is 2 Crores, this does not include the Turnover under VAT. GSTR 9c

We have to take VAT turnover for VAT audit. Form WW.
i have paid gst last year 2 caror + but i paid 20lakhs execs how to recover this
If any amount is paid in GST it will be considered as advance and you can adjust it with your subsequent return.
my it is dose not match with gst how can i match this
Please file RFD-01 in this case. You should file the same within 2 years of excess payment.
in April return my output 40 lakh what procedure i adjust this
Please adjust your Output tax with your Cash ledger for subsequent filling of GSTR 3B.
2 crore turnover for GST Audit
1). As per the Provision of Section 35(5) of the CGST Act 2017 read with Rule 80(3) of the CGST Rules 2017, Registered Persons whose AGGREGATE TURNOVER [ defined u/s 2(6) of the CGST Act 2017 ] was Rs. 2 crores or more in FY 2017-18, needs to get his Accounts AUDITED either by a Chartered Accountant or a Cost Accountant and file GSTR 9C along with the GST AUDIT REPORT.

2). Turnover for GST Audit will be calculated on the basis of the definition laid down u/s 2(6) of the CGST Act 2017, i.e. "AGGREGATE TURNOVER".

3). VAT Turnover ( i.e. from April 2017 to June 2017) will not be taken into consideration for the purpose of calculating the threshold limit of Turnover of GST AUDIT.

REGARDS.

You Have to reduce from your current output tax laibility and in annual return you have to mention about this.


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