Turnover in State or turnover in Union territory under composition levy

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..... alue of inward supplies on which tax is payable by a person on reverse charge basis) and exempt supplies made within a State or Union territory by a taxable person, exports of goods or services or both and inter-State supplies of goods or services or both made from the State or Union territory by the said taxable person but excludes central tax, State tax, Union territory tax, integrat .....

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..... follows: Period Turnover ( In Rs. ) April-June 20 lakh July-Sept 30 lakh Oct-Dec 20 lakh In the given case, since has started the supply of services in the current financial year, his aggregate turnover in the preceding financial year is Nil. whether he have turnover in the previous year upto 50 lakhs then .....

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..... 90,000. By the end of July-Sept quarter, his aggregate turnover reaches ₹ 50 lakh. Consequently, his option to avail composition scheme for services shall lapse by the end of July-Sept quarter and thereafter, he is required to pay tax at the normal rate of 18%. Thus, the tax payable for Oct-Dec quarter is Rs. 20 lakh 18%, i.e. Rs 3,60,000. while computing aggregate turnover for det .....

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