Andhra Pradesh Goods and Services Tax (Removal of Difficulties) Order No. 5 of 2019 - In Computing Aggregate Turnover for Determining Eligibility for Composition Scheme Under Section 10. - G.O.Ms.No. 276 - Andhra Pradesh SGST
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Exclusion of interest-based exempt services: their values excluded from composition eligibility and aggregate turnover calculations. The value of supply of exempt services by way of extending deposits, loans or advances, where consideration is represented by interest or discount, is not to be taken into account for determining eligibility for the composition scheme and for computing aggregate turnover for composition eligibility.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exclusion of interest-based exempt services: their values excluded from composition eligibility and aggregate turnover calculations.
The value of supply of exempt services by way of extending deposits, loans or advances, where consideration is represented by interest or discount, is not to be taken into account for determining eligibility for the composition scheme and for computing aggregate turnover for composition eligibility.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.