Anupam Singh a trader of Himachal Pradesh, provides the following information for the financial year 2023-24. Particulars Amount (₹) Intra-state outward supplies of Goods taxable under forward charge 22,00,000 Intra-stat

Computation of Aggregate turnover for composition levy scheme Particulars Amount (₹) Intra-state outward supplies of Goods taxable under forward charge 22,00,000 Intra-state outward supplies of Service on which tax is payable under reverse charge mechanism (included) 11,00,000 Value of Exports supplies 12,00,000 Intra-state outward supplies which are chargeable to GST at Nil Rate 18,50,000 Inter-state outward exempted supply (Amount received as interest on delay payment from customer ₹2.5 lakh is also included in Value of Supply under section 15 of CGST Act, 2017, hence included for calculating aggregate turnover) 27,50,000 Aggregate Turnover 91,00,000 Since the Aggregate turnover in the specified State of Himachal Pradesh does not exceed the limit of ₹1.5 crores during the financial year 2023-24. So, Mr. Anupam Singh is entitled for Composition Scheme u/s 10(1) for the financial year 2024-25.