Kirti Jindal (20 Points)
08 August 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183037 Points)
Replied 08 August 2019
Yes, if the supply of goods is in control of agent.
Kirti Jindal
(20 Points)
Replied 08 August 2019
Anshul Jain
(Professional)
(190 Points)
Replied 08 August 2019
According to the definition of aggregate turnover, the turnover of an agent cannot be included in the turnover of the principal. The definition is reproduced below for your ready reference:
“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.
Shivam RC
(Student)
(23683 Points)
Replied 12 August 2019
Anshul Jain
(Professional)
(190 Points)
Replied 12 August 2019
| Originally posted by : Shivam RC | ||
 |
It will be included in the Principal's Turnover...Refer Section 2(6) of the CGST Act 2017 for the definition of Aggregate Turnover. |  |
Dear Shivam,
I have reproduced the definition above, please elaborate which part of the definition gives the meaning as mentioned by you?
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