As per section 2(6) of the CGST/SGST Act “aggregate turnover” includes the aggregate value of:
- all taxable supplies,
- all exempt supplies,
- exports of goods and/or service, and,
- all inter-State supplies of a person having the same PAN.
The above shall be computed on all India basis and excludes central tax, State tax, Union territory tax, integrated tax, and cess.
Aggregate turnover shall include all supplies made by the Taxable person, whether on his own account or made on behalf of all his principals. Aggregate turnover does not include value of inward supplies on which tax is payable by a person on reverse charge basis.
The value of goods after completion of job work is not included in the turnover of the job-worker. It will be treated as a supply of goods by the principal and will accordingly be includible in the turnover of the principal.