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Indirect Taxation
While calculating annual turnover whether we exclude RCM?
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Thread Starter
Parthi ban.BSo we have to exclude RCM while calculating total turnover right??
Outward supplies on which tax is payable under RCM is included
CA Suraj Lakhotia Admin
RCM is not turnover. It is inward supply.
So we have to exclude RCM while calculating total turnover right??