Aggregate turnover=Incld Tax/exlcd Tax
plz clarity
For the purpose of Annual Return
Regards
5 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 21 September 2019
Aggregate turn over calculate only for the basic value of supplies. it's mean excluding Tax(es).
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 21 September 2019
As per sec 2(6), it is the value of all taxable supplies but excludes central tax, state tax, UTGST & cess
Abishnath M.G
(Financial Analyst)
(30 Points)
Replied 21 September 2019
Agregate turnover = taxable turnove r+ exempted turnover + export (inter state)
Shivam RC
(Student)
(23683 Points)
Replied 22 September 2019
Aggregate Turnover as defined U/s 2(6) of the CGST Act 2017, "does not include CGST, SGST, IGST, UTGST and Cess."
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