Inclusion or Exclusion of Interest on SB or FD or PPF or Loan given, in the Turnover for GST


Last updated: 06 August 2020

Court :
Gujarat AAR

Brief :
As per the Gujarat AAR Decision in case of Shree Sawai Manoharlal Rathi it has been ruled that Interest on PPF and SB and on Personal Loans and Advanced to family/friends would be considered while calculating the "Aggregate Turnover".

Citation :
GUJ/GAAR/R/2020/10

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