Search Results for Tag : Turnover

Judgments

Value of work entrusted to sub-contractors or payments made shall not be taken into consideration while computing total turnover(05.09.2016)

Assessee was doing business of engineers and contractors and in this process it, executed projects under contracts with public sector undertakings, lo.....

Tags : Payment, Sub-contractor, Inclusion, Total turnover

Definition of purchase price under Gujarat Value Added Tax Act, 2003 would not include value added tax(02.08.2024)

In present matter, the Respondent dealer calculated the taxable turnover of its purchases within the State of Gujarat by excluding the amount represen.....

Tags : Taxable turnover, Liability, Assessment

Notifications & Circulars

Requirement that all registered companies having a turnover of more than Rs 500 crore as well as CPSE’s shall be on board the Trade Receivable Discounting Platform(02.11.2018)

In exercise of powers conferred by section 9 of the Micro, Small and Medium Enterprises Development Act, 2006 (27 of 2006), the Central Government her.....

Tags : Instructions, Issuance, Turnover, Trade Receivables, Discounting System

News

Kerala HC: Discount Received Through Credit Notes Not Part of Taxable Turnover under Kerala VAT Act(23.05.2022)

Kerala High Court has held that the discount received through credit notes is not part of the taxable turnover under the Kerala Value Added Tax Act

Tags : Kerala High Court, VAT, Taxable Turnover

Calcutta HC: Extra Realisation Due to Adverse Exchange Rate of Rupee Part of Export Turnover(20.05.2020)

Calcutta High Court has held that extra realisation made in rupees for export sale proceeds in foreign exchange due to adverse exchange rate of rupee .....

Tags : Calcutta High Court, Export Turnover

Business Having Above 2 Crore Turnover Can File GST Audit Reports: GST Council(16.04.2019)

Taxpayers under Goods and Services Tax (GST) with annual turnover of over Rs 2 crore can now start filing GST audit reports for financial year 2017-18.....

Tags : GST, Audit Reports, Turnover

Central Government notifies those registered persons whose aggregate turnover in a financial year does not exceed two crore rupees(09.10.2019)

In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereinafter referred to as the said A.....

Tags : Registered persons, Turnover, Financial year

SEBI reduces Broker turnover fees and filing fees for issuers(27.04.2020)

In its continuing efforts to help market participants to tide over challenges due to COVID 19, Securities and Exchange Board of India (SEBI) has decid.....

Tags : Turnover fees, Reduction

CCI penalty on total turnover for collusion set aside(12.04.2016)