Aggregate Turnover

[Prem Gomathy]

Dear Sir,

Charitable trust registered u/s 12A of the IT Act, receives donations. Due to donations, the total of the Income and Expenditure a/c exceeds 5cr.

Other than the donations, the (taxable supply + exempt supply) comes only to ₹ 30L.

In such case is filing GSTR-9/9C mandatory by taking donations as part of aggregate turnover? As donations are just in the nature of gift or financial transaction, cant they be excluded from the ambit of Aggregate turnover?

AI Summary

Donations excluded from aggregate turnover under GST as not supplies, affecting assessment of annual return thresholds.
Donations are not supplies and thus do not fall within the statutory definition of aggregate turnover under section 2(6); they are monetary gifts outside the listed components (taxable supplies, exempt supplies, exports, inter State supplies) and therefore are excluded when computing the turnover threshold for annual return and reconciliation obligations.