Concept of Aggregate Turnover in GST

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..... rson having same Permanent Account Number (PAN). It is sum of value of all outward supplies falling in the following four categories: * Taxable supplies * Exempt supplies * Exports of goods or services or both * Inter-state supplies. but excludes * the value of inward supplies on which tax is payable by a person on reverse charge basis & taxes including cess paid under GST law. * CBE .....

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..... ever, registered person, who is engaged in making any supply of goods which are non taxable(i.e. petroleum product & alcoholic liquor for human consumption) under this act who is not eligible to opt for composition scheme. "Turnover in state" or "Turnover in union territory" * "Turnover in state" or "Turnover in union territory" means the aggregate value .....

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..... Transfer of goods to branch at Delhi (without GST) Rs. 40,00,000/- Compute the 'aggregate turnover' under section 2(6) of the CGST Act, 2017 ? Answer : Computation of 'Aggregate turnover Particulars Turnover Intra-State supply of goods Rs.59,00,000 X 100 /118 [ Excludes CGST, SGST, IGST ] 50,00,000 Export Supplies [considered as equivalent to taxable supplies] 60,00,000 Inward sup .....

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