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Why is the interest on loans & advances not included in the value of the exempt supplies while calculating the aggregate turnover
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Swathi Krishna
CA Inter
★ 7K+
03-Aug-20 00:45
31
Answers (1)
Interest income is considered for Registration purposes but not for Composition Scheme with respect to Aggregate Turnover.
sudha reddy
Moderator
03-Aug-20 09:03
