TMI Blogthe turnover of supplies in respect of which refund is claimed under subrules (4A) or (4B)X X X X Extracts X X X X X X X X Extracts X X X X ..... Sir/Madam Adjusted Total turnover means the turnover in a State or a Union territory, as defined under clause (112) of section 2 , excluding (a) the value of exempt supplies other than zero-rated supplies and (b) the turnover of supplies in respect of which refund is claimed under subrules (4A) or (4B) or both, if any, during the relevant period; With reference to the above please ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... explian the point (b) (Turnover means What type of Turnover) Regards Abdul Razack.b - Reply By Alkesh Jani - The Reply = Sir, The CGST Rules, 2017 has been amended from time to time, with regards to your query, sub-rule 4A or 4B, of Rule 89 of CGST Rules, 2017 . You are requested to refer Notification No. 75/2017-CT dated 29.12.2017 and Notification No.3/2018-CT dated 23.01.201 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 8 . In simple language it can be said that if you have availed benefits under Notification No.40/2017 (Rates) or 41/2017 (Rates) , the same is to be excluded, to arrive at adjusted turnover. Our experts may correct me if mistaken. Thanks - Reply By Ganeshan Kalyani - The Reply = Supplies made to recipient for export is taxable at 0.05% CGST. If this benefit is availed then it is not ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to be considered for adjusted total turnover. - the turnover of supplies in respect of which refund is claimed under subrules (4A) or (4B) - Query Started By: - Basha AbdulRazack Dated:- 23-6-2018 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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