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Aggregate Turnover Consideration for e-invoice

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Mohanraj J

781 Points Posted on 26 April 2022

Hi Friends,
I would like to know that consideration of Aggregate Turnover for FY 21-22.
Sales Of Goods 12 Crores, Raised Debit Note against reimbursement 8 Crores, so total revenue is 20 crores.
Shall we consider Sales of Goods & Reimbursement Dr Note for Aggregate Turnover or only Sales of Goods?

Replies (4)

Quick Summary

This discussion clarifies what constitutes 'aggregate turnover' for e-invoicing purposes, particularly concerning sales and reimbursement debit notes. According to the CGST Act, reimbursement expenses generally need to be included in aggregate turnover. However, expenses reimbursed in the capacity of a pure agent, or if specific conditions under valuation rule 33 of the CGST Act are met, may be excluded.

CA. Abhilash Krishnan P

Chartered Accountant

325 Points Posted on 26 April 2022

Is it reimbursement of actual expenses incurred while supplying the goods??

Pankaj Rawat

GST Practitioner

29904 Points Posted on 26 April 2022

As per the definition of aggregate turnover prescribed in section 2(6) of CGST Act & R/w Section 15(2)(b) , you need to add reimbursement expenses for computing aggregate turnover.

Note : Reimbursement of expense in capacity of pure agent is not included in aggregate turnover.

Mohanraj J

781 Points Posted on 27 April 2022

Abhilash ji, we made reimbursement for medicine Batch Testing. We do medicines testing what are all the expenses incurred we are making reimbursement DR Note.

pankak ji: thanks