GST Definition–Aggregate Turnover

Statutory Meaning:

“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, to be computed on all India basis but excludes central tax, State tax, Union territory tax, integrated tax and cess.


– Turnover will be computed on all India basis. Following type of turnover will be included in turnover with same PAN;

– All Taxable supplies

– All Exempt supplies

– Export Turnover

However following are not included in turnover;

– inward supplies under reverse change

– integrated tax and cess.


  • brajeshsmishra (#)
    August 28th, 2017

    what will be the treatment of merchanting trade? where will it be shown in the Return

    • ca.aryendra (#)
      August 28th, 2017

      GST will not be applicable because goods exported without custom clearance. Export turnover will be shown in export column under the return. Further more export will be treated as turnover under the same pan for registration purposes.

  • suvi khan (#)
    September 7th, 2017

    thanking you, sir

    this article is very helpful for me

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