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total turnover definition under gst

taxajit.31@gmail.com (52 Points)

09 July 2017

total turnover under gst includes which turnover??

Pl advice.

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CA Rashmi Gandhi (Chartered Accountant) (86318 Points)
Replied 09 July 2017

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 all India basis but excludes central tax, State tax, Union territory tax, integrated tax and cess;