What is the aggregate turnover in GST.

What is the aggregate turnover in GST.

Aggregate turnover means as per Section  2(6) aggregate value of

i.All taxable supplies

(excluding the value of inward supplies on which tax is payable by a person on reverse charge basis),

ii. Exempt supplies,

iii.Exports of goods or services or both

iv. 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

Leave a Comment

Your email address will not be published.