GST REFUND - ADJUSTED TOTAL TURNOVER

[Asked by Guest]

I have reproduced below the contents given in CGST Rule 89 towards the norms to be followed for claiming GST Refund:

"Adjusted Total Turnover" means the sum total of the value of- (a) the turnover in a State or a Union territory, as defined under clause (112) of section 2, excluding the turnover of services;

Need clarification whether the value of outward supply of services done in intra-state and inter-state is to be included in the Adjusted Total Turnover while claiming refund.

Those, who have knowledge on the above, may please share their views.

[Nandan Khambete]

value of outward supply of services done in intra-state will not be included and done inter-state will be included

AI Summary

Adjusted Total Turnover excludes intra state services but includes inter state services for refund calculation under GST rules.
Adjusted Total Turnover excludes turnover of services; outward supplies of services that are intra state are not included, while outward supplies of services that are inter state are included in the adjusted total turnover for refund calculation.