Revenue definition as per gst

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Querist : Anonymous

Querist : Anonymous (Querist)

13 January 2017 Hii.....

The GST council, at its first meeting, agreed on a revenue threshold of Rs20 lakhs below which the traders will be exempted from GST.

Can anyone give me the definition of REVENUE as per GST.

Swati

Swati (Expert)
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14 January 2017 revenue threshold means annual turnover.

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Querist : Anonymous

Querist : Anonymous (Querist)

20 January 2017 WHETHER ANNUAL TURNOVER MEANS ONLY TAXABLE TURNOVER OR PROFIT & LOSS SALES AMOUNT ??????

Swati

Swati (Expert)
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24 January 2017 Turnover shall include aggregate value of taxable & non taxable supplies, exempt supplies & export of goods/services & exclude taxes viz GST. also annual turnover shall be computed on PAN India basis.

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