https://www.taxtmi.com/forum/issue?id=115968 Interest income is includible in aggregate turnover because aggregate turnover comprises taxable supplies, exempt supplies (including non taxable supplies), exports and inter State supplies on an all India basis; it excludes central/State/UT/integrated taxes and cess and inward supplies on which the recipient pays tax under the reverse charge mechanism. Aggregate turnover determines registration and composition eligibility, while composition levy is calculated on State turnover. en-us Mon, 03 Feb 2020 16:04:18 +0530 Thu, 23 Jan 2025 15:54:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115968 Interest income is includible in aggregate turnover because aggregate turnover comprises taxable supplies, exempt supplies (including non taxable supplies), exports and inter State supplies on an all India basis; it excludes central/State/UT/integrated taxes and cess and inward supplies on which the recipient pays tax under the reverse charge mechanism. Aggregate turnover determines registration and composition eligibility, while composition levy is calculated on State turnover. Discussion-Forum GST Mon, 03 Feb 2020 16:04:18 +0530 https://www.taxtmi.com/forum/issue?id=115968