Aggregate turnover over

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Ranjeet Singh (Querist)
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09 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

Ranjeet Singh

Ranjeet Singh (Querist)
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09 October 2017 please reply experts

Asha Kanta Sharma

Asha Kanta Sharma (Expert)
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14 July 2024 The concept of aggregate turnover under the GST (Goods and Services Tax) regime is crucial for determining various thresholds and requirements, including registration eligibility, tax liability, and compliance. Here’s how aggregate turnover is determined in the scenario you described:

### Determination of Aggregate Turnover:

1. **Definition of Aggregate Turnover**:
- **Under GST**: Aggregate turnover includes the aggregate value of all taxable supplies, exempt supplies, exports of goods or services, and inter-state supplies of persons having the same PAN.
- It is computed on all India basis and includes turnover of all branches (whether in the same state or different states).

2. **Impact of PAN and GSTIN**:
- Aggregate turnover is primarily linked to the PAN (Permanent Account Number) under which a business operates.
- Each business entity (even with the same PAN but operating in different states) will consolidate its turnover across all its GSTINs (GST Identification Numbers).

3. **Scenario of Two Firms with the Same PAN in Different States**:
- If two firms have the same PAN but are registered under different GSTINs (one in UP and one in Delhi), the turnover of both firms will be aggregated for determining the aggregate turnover under GST.
- Therefore, in your example:
- UP's firm turnover: Rs. 50,000
- Delhi's firm turnover: Rs. 50,000
- Aggregate turnover for both firms combined: Rs. 1,00,000 (Rs. 50,000 + Rs. 50,000)

### Conclusion:

Under GST regulations, the aggregate turnover for all businesses under the same PAN, irrespective of their geographical location (state-wise registrations), is combined to determine the threshold limits for registration, compliance requirements, and other regulatory purposes. Therefore, in the case of two firms with the same PAN but registered in different states (UP and Delhi in your example), the aggregate turnover would indeed be considered as Rs. 1,00,000 (Rs. 50,000 + Rs. 50,000) for the purposes of GST compliance and thresholds.

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