aggregate turnover

Save Share

This query is : Open

Ranjeet Kushwaha (Querist)

10 October 2017 Aggregate turnover of preceeding financial year is pan base on pan No. or GST No. if two firm with same pan situated in different states UP. AND DELHI which is aggregate turnover for both firm example:- Up's firm turnover is. 50000 Delhi's firm turnover is 50000 now aggregate turnover for both firms 100000 or 50000, 50000 ??

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)

11 October 2017 Turnover calculate state wise. So here it is shown as 50000/- in each. case

Ranjeet Kushwaha

Ranjeet Kushwaha (Querist)

11 October 2017 thanks for this valuable suggestion

Ashish Garg

Ashish Garg (Expert)

11 October 2017 Dear CA Rashmi mam, in GST law define aggregate turnover as pan wise and include transfers b/w two gstin having same pan. Meaning thereby turnover is to be calculated pan wise and not state wise... Please correct if I am wrong..

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)

12 October 2017 Yes agreed wih ashish garg. Sorry i also read the defination it says that you have to calculate turnover pan wise..... So you have to take 100000 in above case.

Ranjeet Kushwaha

Ranjeet Kushwaha (Querist)

12 October 2017 thanks @carashmi and ashish garg

Message likes : 1 times

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)

13 October 2017 Welcome........

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now