hello sir
how to calculate get turnover ?
what is turnover ?
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gst turnover calculate
Replies (2)
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 an all-India basis but excludes Central tax, State tax, Union territory tax, Integrated tax and cess.
More details refer: aggregate-turnover-in-GST
Aggregate turnover means- All taxable supplies, exempt supplies, interstate supplies and also Export of Goods & Services excluding the supplies under RCM , and For the purpose of turnover exclude Central tax,state tax,integrated tax,union territory tax.
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