what is annual turnover in gst

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gst amount includes in annual rurnover ?
Replies (4)
it is the total sales including all the taxes.
thanks...

IF You are talking about aggregate turnover under GST  it is as follows

“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

Aggregate Turnover under GST does not include GST components. CGST, SGST, IGST, UTGST and Cess are not taken into consideration while computing Aggregate Turnover.

Refer Section 2(6) of the CGST Act 2017.


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