Balaji & Co. (firm), Chennai, a trader, furnishes the breakup of goods supplied by it during the year. (i) taxable supplies ₹40 lakh; (ii) exempt supplies ₹15 lakh; (iii) export of goods ₹30 lakh; and (iv) branch tra
CS Executive · Tax Laws and Practice · PYQS · December 2019
Balaji & Co. (firm), Chennai, a trader, furnishes the breakup of goods supplied by it during the year. (i) taxable supplies ₹40 lakh; (ii) exempt supplies ₹15 lakh; (iii) export of goods ₹30 lakh; and (iv) branch transfer of goods ₹13 lakh. What is the aggregate turnover for the purpose of deciding the eligibility for composition scheme under GST ?
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: GST
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