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While calculating annual turnover whether we exclude RCM?


Parthi ban.B

Parthi ban.B

CA Inter

1K+

28-Sep-20

50

Answers (4)

Best Answer

Thread Starter

Parthi ban.B

So we have to exclude RCM while calculating total turnover right??

Outward supplies on which tax is payable under RCM is included


Shiva Teja

Shiva Teja

Faculty

28-Sep-20

RCM is not turnover. It is inward supply.


Suraj Lakhotia

Suraj Lakhotia

Admin

28-Sep-20

Suraj Lakhotia Admin

RCM is not turnover. It is inward supply.

So we have to exclude RCM while calculating total turnover right??


Thread Starter

Parthi ban.B

Parthi ban.B

CA Inter

1K+

28-Sep-20

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