Turnover meaning

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whether to include exempted supply with total turnover for the purpose of computing tax on turnover or only taxable supply will be part of turnover.....please answer

Replies (4)

Are you a compostion  supplier  ?. 

yes I m a composite dealer
for the purpose of computing aggregate turnover u/s 2(6) of cgst turnover includes exempted supplies.

For computing of turnover for the purpose composition eligibility turnover excludes exempted supplies by way of lending,deposits etc
Originally posted by : MANISH KUMAR MASKARA
yes I m a composite dealer

 

For Payment of GST then You can only Take Taxable Supplies and Pay Tax on the Value...

 

For thrshold limit then Take Taxable Supplies and Exempted Supplies....


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