Inclusive or exclusive GST


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Quick Summary
This discussion clarifies whether Goods and Services Tax (GST) should be included or excluded when calculating annual GST tax audit thresholds and monthly GSTR-3B filing requirements. The consensus is that turnover for these purposes should be calculated exclusive of GST.

06 June 2022 whether GST to be included or excluded while calculating Limit of Rs.
More than 2 crore For Annual GST Tax audit.
More than 5 Crores for Monthly filing of GSTR-3B GST Returns.

06 June 2022 Turnover is calculated exclusive of GST.

07 June 2022 You have to considered Turnover exclusive of GST.


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