{"id":1051,"date":"2016-09-22T15:18:08","date_gmt":"2016-09-22T09:48:08","guid":{"rendered":""},"modified":"2016-09-22T15:18:08","modified_gmt":"2016-09-22T09:48:08","slug":"how-to-compute-aggregate-turnover-to-determine-eligibility-for-composition-scheme","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=1051","title":{"rendered":"How to compute \u2018aggregate turnover\u2019 to determine eligibility for composition scheme?"},"content":{"rendered":"<p>How to compute \u2018aggregate turnover\u2019 to determine eligibility for composition scheme?<br \/>Question 14<br \/>Bill  <br \/>Levy of and Exemption from Tax<br \/>FAQ on GST dated 21.9.2016 based on Draft Model GST<br \/>Q 14. How to compute &#39;aggregate turnover&#39; to determine eligibility for composition scheme?<br \/>\nAns. The methodology to compute aggregate turnover is given in Section 2(6). Accordingly, &#39;aggregate turnover&#39; means &#39;Value of all supplies (taxable and non-taxable supplies + Exempt supplies + Exports)<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/acts?id=22200\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How to compute \u2018aggregate turnover\u2019 to determine eligibility for composition scheme?Question 14Bill Levy of and Exemption from TaxFAQ on GST dated 21.9.2016 based on Draft Model GSTQ 14. How to compute &#39;aggregate turnover&#39; to determine eligibility for composition scheme? Ans. The methodology to compute aggregate turnover is given in Section 2(6). Accordingly, &#39;aggregate turnover&#39; means &hellip; <a href=\"https:\/\/goodsandservicetax.in\/GST\/?p=1051\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;How to compute \u2018aggregate turnover\u2019 to determine eligibility for composition scheme?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1051","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/1051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1051"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/1051\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}