Audit turnover

This query is : Resolved 

17 April 2018 WHAT IS THE TURNOVER FOR AUDIT PURPOSE ; IS THE TURNOVER INCLUSIVE OF GST?

18 April 2018 Depends on the method of accounting consistently followed. If GST collected and
paid is separately accounted in the books of accounts, turnover of the purpose of
checking threshold limit for audit can be exclusive of GST.


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