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aggregate turnover please help

Vijay Boliya (54 Points)

04 June 2019

In calculations of aggregate turnover inward and outward both include in aggregate turnover?

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8 Replies

CA Harshali Salvi (Practicing Chartered Accountant) (995 Points)
Replied 04 June 2019

aggregate turnover means Outward supply.

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akshay sankhla (25 Points)
Replied 04 June 2019

only outward supply included

Vijay Boliya (54 Points)
Replied 04 June 2019

Thanks u

one more doubt please sole if inward supply under RCM tax not pay than it count in aggregate turnover? Definition says that tax pay under RCM Than not count.

CA Harshali Salvi (Practicing Chartered Accountant) (995 Points)
Replied 04 June 2019

aggregate turnover does not includes Inward supply under RCM .

akshay sankhla (25 Points)
Replied 04 June 2019

no supply under RCM not count if you make supplies only of those which are taxable under RCM as reg will not be required ,but if make different type of supply then supply under RCM also count.

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Vijay Boliya (54 Points)
Replied 04 June 2019

Main ye bol raha Hu ki me RCM me liable hu part mene tax government ko pay nahi Kiya he tax Mera outstanding he. Mene inward supply liya jisme me liable hu tax pay karneke liya par mene tax nahi pay Kiya government ko tab add Hoga?

CA Harshali Salvi (Practicing Chartered Accountant) (995 Points)
Replied 04 June 2019

In GSTR 3B there is separate option to pay GST on RCM basis.
and GSTR3B have to be filed on monthly basis.
due date of payment of liability ie. tax, is due date of filing of return (GSTR 3B) ie 20th of next month.