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of <h1>Understanding Aggregate Turnover in GST: Total Value of Outward Supplies, Excluding Reverse Charge Inward Supplies and Certain Taxes</h1> Aggregate turnover in GST is the total value of all outward supplies, including taxable supplies, exempt supplies, exports, and inter-state supplies, calculated on an all-India basis for entities with the same PAN. It excludes inward supplies taxed on a reverse charge basis and taxes paid under GST. Exempt services, such as those involving interest or discounts from deposits and loans, are not considered when determining eligibility for the composition scheme. The concept also distinguishes between 'turnover in state' and 'turnover in union territory,' which exclude certain taxes. An example illustrates the calculation of aggregate turnover for a registered supplier.
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