TURNOVER OF PETROL AND DIESEL IS RS. 10 CRORE, GST TURNOVER IS RS. 2 LACS FORM NO 9 AND 9C (GST AUDIT ) IS REQURED IN THIS CASE . HOW?

Reply— As per section 2(6) of CGST Act, Aggregate turnover” means the Aggregate value of all taxable supplies, exempt supplies, exports of goods or services or both and inter-State supplies of persons having the same Permanent Account Number.

“Exempt supply” means supply of any goods or services or both which attracts nil rate of tax or which may be wholly Exempt from tax under section 11, or under section 6 of the Integrated Goods and Services Tax Act, and includes non-taxable supply. Non taxable supply includes petrol and diesel.

In your case, as turnover (including Petrol and diesel) is more than 5 crore, taxpayer is required to file GST annual return (GSTR-9) and GST audit (GSTR-9C) will also applicable.