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Aggregate turnover under section 2(6)

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21 June 2017 The Definition of Aggregate Turnover under section 2(6) of the Act provides that all "TAXABLE SUPPLIES" along with exempted and other supplies, except supplies on which tax is to be paid on reverse charge basis, shall be considered for the calculation of the limit of Rs. 20 lakhs.
Does "TAXABLE SUPPLIES" only include Outward supplies, or it may be either outward as well as inward supplies, as the term supply is not defined in the GST law. Also, Taxable supply includes any supply on which tax is chargeable, so does the definition of Aggregate Turnover cover inward supplies also??
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
21 June 2017 Only outward supplies. However inward supplies on which reverse charge is applicable also included.
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