gross turnover means
This query is : Resolved
30 October 2012
Dear sir,
Please tell me when we filling the cst return, The meaning of gross turnover means what? is it the total invoice value including service tax or not. If including service tax then under which section we get benefit. Please suggest me for my return.
Thanks
Sumanjan
+91 99671 24710
Please tell me when we filling the cst return, The meaning of gross turnover means what? is it the total invoice value including service tax or not. If including service tax then under which section we get benefit. Please suggest me for my return.
Thanks
Sumanjan
+91 99671 24710
CA CS Amit S. Kedia
(Expert)
30 October 2012
Service tax if in the financials included in the sales then it will form part of the gross turnover and if it not included in the income side in sales then will not form part of gross turnover
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