As per Section 2(6) of the CGST Act, 2017, "Aggregate Turnover" means 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 (PAN).
Aggregate turnover is computed on an all-India basis and excludes central tax, state tax, union territory tax, integrated tax, and compensation cess.
INCLUSIONS IN AGGREGATE TURNOVER
Aggregate turnover includes the following:
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Taxable supplies, including supplies to distinct persons having the same PAN
(Table 3.1(a) of GSTR-3B) -
Zero-rated supplies
(Table 3.1(b) of GSTR-3B) -
Nil-rated and exempt supplies
(Table 3.1(c) of GSTR-3B) -
Non-GST supplies
(Table 3.1(e) of GSTR-3B) -
Taxes other than GST
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Value of outward supplies of goods or services on which the recipient is liable to pay tax under the Reverse Charge Mechanism
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Goods supplied to a job worker on a principal-to-principal basis
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Goods received back from a job worker on a principal-to-principal basis
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In case of an agent, supplies made by the agent on behalf of all principals
EXCLUSIONS FROM AGGREGATE TURNOVER
Aggregate turnover does not include the following:
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Value of inward supplies of goods or services on which tax is payable by the recipient under Reverse Charge Mechanism
(Table 3.1(d) of GSTR-3B)
Note: Such supplies will continue to be included in the aggregate turnover of the supplier. -
Amount of central tax, state tax, union territory tax, integrated tax, and compensation cess
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Goods supplied for job work or received back after job work under Section 143 of the CGST Act, 2017
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For a job worker, the following supplies are excluded from aggregate turnover:
• Goods returned to the principal
• Goods sent to another job worker on the instruction of the principal
• Goods directly supplied from the premises of the job worker by the principal -
Transactions which are neither supply of goods nor supply of services as specified under Schedule III of the CGST Act, 2017 (as amended by the CGST Amendment Act, 2018)