Welcome to your Ch 15: Aggregate Turnover (6 to 10)
6. Aggregate turnover includes:
7. Aggregate turnover excludes:
8. Examine the following statements :
i. Aggregate turnover includes taxable supply, exempt supply, zero rated supply and non levy supply.
ii. Aggregate turnover excludes supply as provided in Schedule III.
9.Examine the following statements :
i. Aggregate turnover excludes taxes levied u/s 9(3) of CGST Act, 2017 and u/s 5(3) of IGST Act, 2017.
ii. Aggregate turnover includes State Excise duty and State VAT levied on alcoholic liquor for human consumption.
10.Examine the following statements :
i. Aggregate turnover of kaccha agent shall apart from commission earned shall also include value of supplies made by him on behalf of principal.
ii. Aggregate turnover of job worker shall include both value of job work charges and also the value of goods supplied by principal to the job worker.