BUY COURSES
APP 1FIN
Swathi Krishna
CA Inter
★ 7K+
03-Aug-20 00:45
8
Aggregate turnover
Why is the interest on loans & advances not included in the value of the exempt supplies while calculating the aggregate turnover
Attachments
20200803_004523.jpg
Answers (1)
sudha reddy
Moderator
03-Aug-20 09:03
Interest income is considered for Registration purposes but not for Composition Scheme with respect to Aggregate Turnover.
