Aggregate turnover under gst
This query is : Resolved
17 April 2018
Is April-17 to June-17 turnover to be included for calculating aggregate turnover of Rs. 20,00,000 under gst
Guest
Guest
(Expert)
17 April 2018
No, only supplies after GST law.
17 April 2018
Hi Manish Sir, our client is running chit fund company, the chit fund commission comes under GST the company's aggregate turnover for F. Y. 2017-18 is Rs. 2820000(only commission). As gst is exempt upto Rs. 2000000, is the client needs to pay gst on Rs. 820000 or excluding the Apr to Jun turnover gst should be paid on difference amount
Guest
Guest
(Expert)
17 April 2018
28,20,000 less Apr-Jun turnover.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Itr 1 processing
- Off Market debit and credit transaction
- ITR returnFY25-26
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- Bank Accounts in Balance Sheet for ITR 3
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
