Aggregate turnover=Incld Tax/exlcd Tax
plz clarity
For the purpose of Annual Return
Regards
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What is aggregate turnover??
Replies (5)
Aggregate turn over calculate only for the basic value of supplies. it's mean excluding Tax(es).
As per sec 2(6), it is the value of all taxable supplies but excludes central tax, state tax, UTGST & cess
Agregate turnover = taxable turnove r+ exempted turnover + export (inter state)
Thank you Sirs for quick response
Aggregate Turnover as defined U/s 2(6) of the CGST Act 2017, "does not include CGST, SGST, IGST, UTGST and Cess."
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