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...
aggregate turnover meaning in gstr1
pawan kumar
Clarification: 'Aggregate Turnover' in GSTR-1 Combines All Units' Turnover Under One PAN for Threshold, Composition. A user inquired about the meaning of 'aggregate turnover' in GSTR-1, questioning whether it relates to a PAN basis or GST number-wise, especially if a company has multiple GST numbers under one PAN. A respondent clarified that 'aggregate turnover' in GSTR-1 refers to the turnover of a single unit and excludes taxes, but all units' turnover is combined for threshold and composition purposes. Another respondent asked if the company is registered in five different states, implying that state-wise registration may affect the interpretation of aggregate turnover. (AI Summary)