aggregate turnover meaning in gstr1

[pawan kumar]

what is meaning of aggregate turnover in gstr1. is turnover ralated to Pan base or Gst no.wise. if co. have 5 gstr no.on one pan . will aggregate turnover in gstr 1 of branch will be include of all 5 gst no...

[KASTURI SETHI]

Here aggregate does not mean clubbing of all five units. Aggregate turnover of single unit is to be mentioned in the return. Aggregate turnover excludes taxes. However, turnover of all will be clubbed for threshold, composition etc.

[DR.MARIAPPAN GOVINDARAJAN]

It is said that the company has five registration number. Whether your company has registration at five States?

AI Summary

Aggregate turnover: report per GST registration in GSTR 1; all registrations' turnover aggregated for threshold and composition purposes. Aggregate turnover for GSTR 1 is to be reported for the single GST registration (GSTIN) and excludes taxes. However, for threshold calculations, composition eligibility and similar statutory tests, turnover of all registrations related to the same PAN is aggregated and treated conjunctively.