How to Calculate Aggregate TurnOver for GST

Can someone please help me to know what to include to Calculate the Aggregate turnover for last FY?

I am going to file new GSTR1 for this FY 2019-20.

Is aggragte turnover means the total taxable sale value for the entire FY 2018-19?

I am giving service to a interstate company an raise GST invoice every month.
Replies (7)
sir please refer section 2 (6) the definition of aggregate turnover. which includes exempt supplies along with the taxable supplies excluding tax paid on reverse charge basis. it also includes export made
Aggregate Turnover will include taxable as well as exempt supplies made

I do not have any export,exempt supply . I only have interstate service supply . so I only add all the taxable invoice value ( exclude tax from it) to calculate the aggregate Turnover ,right ?

 

Also please confirm if value of inward supply are excluded from Aggregate turnover ? (I know inward supply value under RCM are excluded)  but what about those which does not fall under RCM . I am asking about normal inward supply of services and goods ?

Originally posted by : abhishek bardia
sir please refer section 2 (6) the definition of aggregate turnover. which includes exempt supplies along with the taxable supplies excluding tax paid on reverse charge basis. it also includes export made

 

does ATO exclude value of inward supply of services and goods  ?

it excludes inward supply under RCM . but what about value of inward supply which does not fall under RCM ?

yes you are right you will include inter state service supply for calculating aggregate turnover.


yes sir for calculating aggregate turnover inward supplies are not to be included. please correct me if i an wrong.
it is not included

so inward supplies are not included , thanks.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details