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Schedule III
whether sch III turnover is included to chk limit of registration
Replies (3)
No..... when you are exclusively supplying goods or services cover under Schedule.
So can i conclude that sch III is to be excluded from all calculations?
Dear Sayjal
I replied , when you are exclusively dealing only in Expempted goods .
If you have made any taxable supply then Supply cover under Schedule III shall be included in computing Aggregate Turnover.
Yes as per Explanation inserted u/s 17(3) in term of amendment act 31,2018, value of supply not include d for the reversal of ITC of Activities specified in Schedule III, except clause 5
I replied , when you are exclusively dealing only in Expempted goods .
If you have made any taxable supply then Supply cover under Schedule III shall be included in computing Aggregate Turnover.
Yes as per Explanation inserted u/s 17(3) in term of amendment act 31,2018, value of supply not include d for the reversal of ITC of Activities specified in Schedule III, except clause 5
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