Q 55. What is aggregate turnover?

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Ans. As per section 2 (6) of the MGL, aggregate turnover includes the aggregate value of: (i)   all taxable and non-taxable supplies, (ii)  exempt supplies, and (iii) exports  of  goods  and/or  service  of  a  person having the same PAN. The above shall be computed on all India basis and excludes taxes charged under the CGST…

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