do we need to include turnover for non gst period as well that is April to June 2017 to see if turnover is exceeding 2 crores.
do we need to include turnover for non gst period as well that is April to June 2017 to see if turnover is exceeding 2 crores.
Yes, GST audit will be applicable if your turnover exceeds Rs. 2 crores including April to June'17 sales.
The GST Aggregate turnover should be considered from Apr-17 to Mar-18 as mentioned in Section 35(5). It is mentioned as prescribed limit in financial year. Financial year is from Apr-17 to Mar-18.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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