How to calculate turnover for e invoice limit. Is is including GST or excluding GST.
Menu
E invoice turnover calculation criteria
Replies (2)
Turnover of all GSTINs under a single PAN across India will be your tunover. Also gst will not be included as a part of turnover.
Aggregate turnover (excluding taxes):
• For e-invoicing thresholds, "aggregate turnover" (Sec 2(6)) is the value of taxable, exempt, export and inter-State supplies on a PAN basis (all GSTINs), excluding CGST, SGST, IGST and cess, and excluding inward RCM supplies.
• Check any FY from 2017-18 onwards. If AATO exceeded Rs 5 crore in any year, e-invoicing applies from 1 August 2023.
Recent Topics :
- MR AASHOK KUMAR SHARMA
- NIC codes for FIRMS registration of entity
- Register on Income Tax as CA
- Deduction In Employee Provident Fund
- This is a gift for all Chartered Accountants and P
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Wallet query for GST.
- 25-26 exempted sales
- Hotel stay below Rs.1000/- GST applicable or exemp
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
Related Topics :
CAclubindia
