does turnover include gst or taxable value
Menu
Does turnover include gst
Replies (4)
Turnover is exclusive of GST.
Both ‘aggregate turnover’ defined u/s 2(6) of the CGST Act and ‘turnover in state’ defined u/s 2(112) of the CGST Act exclude central tax, state tax, union territory tax, integrated tax and cess.
Can You explain Your query...?
Are you asking about GST or Income Tax...?
Are you asking about GST or Income Tax...?
Sir,
for income tax return filing, to showing Amount of turnover/Gross receipt as per the GST return filed
If You will file u/s 44ad then You ll show Total value as Turn over...
If You will file u/s 44aa then You can show basic value (Except GST / VAT values) as Your turn over value
If You will file u/s 44aa then You can show basic value (Except GST / VAT values) as Your turn over value
Recent Topics :
- Nursing Home Taxability
- CA opted for Form 10IEA mistakenly - Demand raised
- Query on scenario related to FAST DS 2026
- Audit Executive (Remote, India) - Ace Auditing Off
- GST Transaction On Used Clothing
- ITC availed on 5%-rate passenger transport (AC bus
- Extension of Due Date of AY 2026-27
- FAST DS 2026
- Does AIS GST Purchase aggregate GSTR-2B expenses?
- Form 26A - System has encountered some technical p
Related Topics :
08 September 2026
Semi-Qualified Assitant
Subrahmanyam & Sivudu CA Firm
Hyderabad
CA Inter
View Details
CCI
Pro
CAclubindia
