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      Question

      While checking eligibility for the Composition Scheme,

      "Aggregate Turnover" should NOT include: 
      A Taxable supplies. Correct Answer Incorrect Answer
      B Exempt supplies. Correct Answer Incorrect Answer
      C Exports of goods/services. Correct Answer Incorrect Answer
      D Value of inward supplies on which tax is payable under RCM. Correct Answer Incorrect Answer
      E Supplies made under the same PAN across all states. Correct Answer Incorrect Answer

      Solution

      "Aggregate Turnover" includes all outward supplies (taxable, exempt, exports) but specifically excludes the value of inward supplies taxed under RCM. 

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