Hello sir,
Myself Sai Krishna
i have a doubt regarding what value to be given in the column "Aggregate turnover in the preceeding financial year & Aggregate turnover from April 2017 to June 2017 in GSTR - 1.
i have gone through the definition of Aggregate turnover mentioned in sec2(6) of GST Act. in that Clearly Specified Taxes Excludes "Charged UNDER CGST, SGST & IGST Act."
whether i have to include VAT,CST,Excise & ST in the aggregate turnover for the Preceeding Financial year column or not?
sir but that definition is applicable from the existence of GST Act, but as per old provisions "Aggregate Turnover includes all taxes". then how sir?
sir but that definition is applicable from the existence of GST Act, but as per old provisions "Aggregate Turnover includes all taxes". then how sir?
No bro...
Taxes are not under Expenditure / Income...
It's to Current Liability / Current Assets....
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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