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Agreegate turnover is including tax or without tax for gstr1

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Accountant
83 Points Posted on 30 August 2017

For filing GSTR1 return Agreegate Turnover in the preceding Year & Quarter is to be maintained. Pl advice if Turnover will be basic Sales amount or Basic Sales plus Tax amount ?
 

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On 30 August 2017 at 10:54 Report
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Manager-Accounts & GST Consultant
5124 Points Posted on 30 August 2017

Excluding tax amount .....

 

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On 30 August 2017 at 11:25
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anand
22 Points Posted on 02 September 2017

Previous year turnover- whether taxable turnover including vat, service, excise duty?

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On 02 September 2017 at 17:32
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trader
26 Points Posted on 02 September 2017
should previous year aggregate turnover also include loading charges charged in the invoices
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On 02 September 2017 at 21:13
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"Do the Right Thing...!!!"
128147 Points Posted on 02 September 2017
Aggregate Turn Over means before tax value. Its your sales and Services value. Can't calculate Indirect Income values....
463 Reply
On 02 September 2017 at 22:39
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"Do the Right Thing...!!!"
128147 Points Posted on 02 September 2017
@ Anand.,
No... Only basic value is Turn over value. All Tax portions are calculated liability / assets...
Not calculated as income / expenditure.....
463 Reply
On 02 September 2017 at 22:42
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trader
26 Points Posted on 02 September 2017
loading charges have been taxed in the invoices so is it direct income & that i should include in the aggregate T.O. ?
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On 02 September 2017 at 22:49
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"Do the Right Thing...!!!"
128147 Points Posted on 02 September 2017
No...
It's not Direct income. It's only indirect income.
463 Reply
On 02 September 2017 at 22:51
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trader
26 Points Posted on 03 September 2017

Thank you very much

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On 03 September 2017 at 09:16


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