the turnover of supplies in respect of which refund is claimed under subrules (4A) or (4B)

[Basha AbdulRazack]

Sir/Madam

Adjusted Total turnover" means the turnover in a State or a Union territory, as defined under clause (112) of section 2, excluding –

(a) the value of exempt supplies other than zero-rated supplies and

(b) the turnover of supplies in respect of which refund is claimed under subrules (4A) or (4B) or both, if any, during the relevant period;

With reference to the above please explian the point (b) (Turnover means What type of Turnover)

Regards

Abdul Razack.b

AI Summary

Adjusted total turnover exclusion: supplies benefiting from specified rate notifications or reduced-rate export supplies are excluded.
Adjusted total turnover excludes exempt supplies other than zero-rated supplies and supplies in respect of which a refund is claimed under the prescribed subrules; the refund-related exclusion covers supplies that have availed specified rate notifications or concessional export-related GST treatment and therefore are removed from the turnover base for the relevant period.