AGGREGATE TURNOVER and turnover in state

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....GGREGATE TURNOVER and turnover in state<br> Query (Issue) Started By: - Ravikumar Doddi Dated:- 23-3-2018 Last Reply Date:- 23-3-2018 Goods and Services Tax - GST<br>Got 2 Replies<br>GST<br>Dear sir, ....

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.... Does aggregate turnover includes exempted turnover to take registration or any changes to the definition of aggregate turnover and also any changes to turnover in state Reply By KASTURI SETHI: The ....

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....Reply: For the purpose of obtaining registration under GST, aggregate turnover includes exempt supplies also. As per Section 2(6) of CGST Act:- [Aggregate turnover shall include the aggregate value ....

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....of all taxable supplies, exempt supplies and exports of goods and/or services and exclude taxes viz. GST.] Aggregate turnover shall be computed on all India basis. For NE States and special category s....

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....tates, the exemption threshold shall be [Rs. 10 lakhs]. All taxpayers eligible for threshold exemption will have the option of paying tax with Input Tax Credit (ITC) benefits. Taxpayers making inter-S....

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....tate supplies or paying tax on reverse charge basis shall not be eligible for threshold exemption. Reply By MARIAPPAN GOVINDARAJAN: The Reply: I endorse the views of Shri Sethi.<br> Discussion Forum....

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