Annual Aggregate Turnover Computation Methodology
1. For Normal Taxpayers who have filed all GSTR-3B s: Turnover reported in GSTR-3B Column 2 of Table 3.1 { (a),(b),(c) & (e)} during the Financial Year 2021-22 have been taken into consideration (in case all the returns have been filed for the same). Outward Taxable supplies (other than zero rated, nil rated and exempted). Outward Taxable supplies (zero rated). Other outward supplies (nil rated, exempted). Non - GST outward supplies. 2. For Normal Taxpayers who have not filed all GSTR-3Bs : The following formula is used for extrapolation of turnover: (Sum of taxable value) X ( * No.of GSTR-3B liable to be filed)/(No. of GSTR-3B filed) 3. For Composition Taxpayers opted-in throughout the FY: Since the Annual Aggregate Turnover limit for opting in as Composition Taxpayer is up to Rs. 1.5 crore, and will use the following extrapolation formula: (Sum of taxable value) X ( * No. of CMP-08 liable to be filed)/ (No. of CMP-08 filed) * Categorisation of taxpayers to derive the number of