GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
……..
LOK SABHA
UNSTARRED QUESTION No.157
TO BE ANSWERED ON FRIDAY, FEBRUARY 02, 2018/MAGHA 13, 1939 (SAKA)
AGGREGATE TURNOVER UNDER GST
- DR. SHASHI THAROOR:
Will the Minister of FINANCE be pleased to state:
(a) whether the exempted supplies have been included under the definition of 'aggregate
turnover' under Section 2 (6) of the CGST Act, whereas under the previous Service Tax regime,
only taxable services were considered while determining the threshold for liability;
(b) if so, the details thereof and the reasons therefor;
(c) whether the Government is willing to consider the proposal to exclude exempted supplies
from the definition of ‘aggregate turnover’; and
(d) if so, the details thereof and if not, the reasons therefor?
MINISTER OF STATE FOR FINANCE
(SHRI SHIV PRATAP SHUKLA)
(a) & (b) Yes Sir. This is as per the decision of the GST Council.
(c ) No Sir. There is no such proposal being considered by the Government as of now.
(d) Does not arise in view of reply to part (c) above.
***
DRAFT REPLY TO ADMITTED QUESTION
LOK SABHA
UNSTARRED QUESTION NO.157
TO BE ANSWERED ON 02nd FEBRUARY, 2018
“Aggregate Turnover under GST”
QUESTION REPLY
- DR. SHASHI THAROOR:
Will the Minister of FINANCE be pleased to state :
[To be completed by the Parliament Cell]
(a) whether the exempted supplies have been included under the definition of 'aggregate turnover' under Section 2 (6) of the CGST Act, whereas under the previous Service Tax regime, only taxable services were considered while determining the threshold for liability; Yes Sir.
(b) if so, the details thereof and the reasons therefor; This is so because exempt supplies are such
supplies which, though being taxable, have been made not liable to tax under the GST laws.
(c) whether the Government is willing to consider the proposal to exclude exempted supplies from the definition of ‘aggregate turnover’; and Yes Sir.
(d) if so, the details thereof and if not, the reasons therefor? Does not arise in view of reply to part (c) above.
Relevance/Significance
Under the previous Service Tax Regime, exempted supplies were not included in the calculation of ‘aggregate turnover’, however under the GST regime they, even though by definition they are exempted by taxation. Hence, the Government was questioned as to whether it is willing to exclude such goods from the calculation, but it has responded in the negative.
Source: