Turnover limit for gstr 9

please clarify the turnover limit of 2 crore is including gst tax Or not for filling of gstr 9
Replies (4)
Quick Summary
This discussion clarifies the turnover limit for filing GSTR 9. The £2 crore threshold for applicability is calculated *excluding* GST. The conversation also briefly touches on basic accounting principles regarding closing stock versus opening stock and purchases versus sales.

Turnover limit for applicability of GSTR-9 filing is without gst

Excluding GST amount should be more than 2 crore
CA Rashmi Gandhi mam ,as per basic Accounting rules while preparing Trading a/c for an example if

opening stock RS 100
purchases Rs 25

sales 85

closing stock = op +put- sales = 40


so is there any common rules the closing stock is always less than the opening stock??
No , also you need to add profit in the above amount for calculating closing stock.

When your purchase is more than sales then closing stock will be lesser than opening stock

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