Gopal Das & Co., Kolkata is a manufacturer and is a registered supplier (under regular scheme). It furnishes the following details for the tax period ended on 31st March, 2019: (i) Intra-State supply of goods (includ

Computation of Aggregate Turnover Section 2(6) of the CGST Act, 2017 defines the term "aggregate turnover" so as to mean the aggregate value of all taxable supplies (excluding the value of inward supplies on which tax is payable by a person on reverse charge basis), exempt supplies, exports of goods or services or both and inter-State supplies of persons having the same Permanent Account Number, to be computed on all India basis but excludes central tax, State tax, Union territory tax, integrated tax and cess. In the light of the above definition, the computation of aggregate turnover in the instant case is as below: Particulars Turnover (₹) Intra-State supply of goods (₹ 70,80,000 x 100/118) Excludes CGST, SGST, IGST 60,00,000 Export Supplies [to be included as per section 2(6)] 32,00,000 Inward supplies under reverse charge [not to be included] Nil Transfer of goods to branch / distinct person is categorized as supply under section 7 of the CGST Act. [No adjustment needed as GST is already excluded] 50,00,000 Aggregate turnover 1,42,00,000