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Aggregate Turnover
In gst, turnover doesn't include the value of inward supplies on which tax is payable on reverse charge. Does it mean that the value of inward supplies on which the tax is not payable on reverse charge is included???
Replies (2)
No.
All type of inward supply are not includible in aggregate turnover.
All type of inward supply are not includible in aggregate turnover.
As per the Provision of Section 2 (6) , Aggregate Turnover does not include the value of inward supplies.
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