1. What is Aggregate Annual Turnover (AATO) under GST?
It is the total annual turnover of an entity which may be registered in different states or union territories.
As per Section 2(6) of the CGST Act, 2017
“aggregate turnover” means the aggregate value of all taxable supplies (excluding the value of inward supplies on which tax is payable by a person on reverse charge basis), exempt supplies, exports of goods or services or both and inter-State supplies of persons having the same Permanent Account Number, to be computed on all India basis but excludes central tax, State tax, Union territory tax, integrated tax and cess.
2. Why AATO is required to calculate:
- To determine eligibility for GST composition Scheme u/s 10 of CGST Act, 2017. (Limit Rs. 75/150 Lakhs)
- To determine whether liable for GST Registration u/s 22 of the CGST Act, 2017. (Limit Rs. 10/20 Lakhs)
- To determine liability to Raise e-invoice. (Limit Rs. 10 crore)
- To determine whether liable to furnish Annual Return GSTR-9 and Reconciliation Statement in GSTR-9C u/s 44 of CGST Act, 2017. (Limit Rs. 2 Crore for GSTR-9 and Rs. 5 Crore for GSTR-9C)
- To determine eligibility for Quarterly Return Monthly Payment (QRMP) Scheme. (Limit Rs. 5 crore)
- To determine liable to issue dynamic QR Code. (Limit Rs. 500 crore)
- To report HSN AATO above 5 Cr.-6 digit and up to Rs. 5 Cr.-4 digit in GSTR-9 w.e.f FY 2021-22 in table 17 vide Notification No. 14/2022 dated 05th July 2022.
3. Calculation of AATO
Calculation of AATO
(to be computed on all India basis)
| Particulars | Amount |
| Taxable supplies (excluding the value of inward supplies on which tax is payable by a person on reverse charge basis) | XXX |
| Exempt supplies | XXX |
| Exports of goods or services or both | XXX |
| Inter-State supplies of persons having same PAN
(Distinct person as defined u/s 25 of CGST Act, 2017) |
XXX |
| AATO |
XXXX |
(The above amount excludes central tax, State tax, Union territory tax, integrated tax and cess.)
Author Bio
Please tell if I want to check the AATO regarding Reporting of HSN code than which year turnover will be calculated as AATO, is this is previous proceedings year or current year of any previous year
Sir,
Please refer Notification Number 78/2020-CT dated 15/10/2020 and NN 12/2017-CT dated 28/06/2017 where it is stated that “a registered person having annual turnover in the preceding financial year……………”.
Dear Sir,
Subsidy recevied from central govt. will be part of :
Agregate Annual Turnover?
Part of taxable turnover?
Adjusted Total Turnover for refund ?
Best Regards
CA. Naresh Gupta
9810771369
Dear Sir,
As per section 2(31) of the CGST Act, 2017 consideration not include any subsidy given by the CG/SG and subsidy also not consider for valuation purpose as per section 15(2)(e) if provided by CG/SG, so in my view it will not be part of anyone.
Insightful.