As per sec 2(6),Aggregate turnover does not include value of inward supplies on which Tax is payable on reverse charge basis.
I want to know whether aggregate turnover include value of outward supplies on which Tax is payable on reverse charge basis.
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Aggregate turnover
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Quick Summary
Yes, definitely.. Aggregate turnover include value of outward supplies on which Tax is payable on reverse charge basis. ( as it's our outward Supplies only, it's doesn't matter tax is paid by us or by recipient under RCM)
Yes it will be included in your Aggregate Turnover because for you it is an outward supply. No matter the tax liability is being discharged by the recipient on RCM basis. You have to include it in your Aggregate Turnover.
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