Total turnover _ for kvat

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Querist : Anonymous

Querist : Anonymous (Querist)

12 December 2015 Kindly provide us the clarification regarding the items to be included in the Definition of Total Turnover.

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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12 December 2015 Total turnover’ means the aggregate turnover in all goods of a dealer at all places of business in the State, whether or not the whole or any portion of such turnover is liable to tax, including the turnover of purchase or sale in the course of interstate trade or commerce or in the course of export of the goods out of the territory of India or in the course of import of the goods into the territory of India and the value of goods ransferred ordespatched outside the State otherwise than by way of sale.