Concept of Aggregate Turnover in GST

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Aggregate Turnover

Reading Time: 2 minutesConcept of Aggregate Turnover in GST Turnover, in common parlance, is the total volume of a business. The term ‘aggregate turnover’ has been defined in GST law as under “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
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