Examples of Turnover of zero-rated supply of services in a sentence
Credit ledger will be debited by claimed amount.89(4)Refund Amount = (Turnover of zero-rated supply of goods + Turnover of zero-rated supply of services) x Net ITC ÷ Adjusted TSal Turnover 89(4A)In Case supplier has received benefit of Govt.
Definition of turnover of zero-rated supplies of goods amended [Rule 89(4)(C)] [Notification No.16/2020 CT dated 23.03.2020] = H U R5 D W H G9 D O X H R IVX S W L P H VW K HYD O X H R Lower of the two shall be taken: supplier The formula is as follows: Refund Amount = (Turnover of zero-rated supply of goods + Turnover of zero-rated supply of services) Net ITC Adjusted Total Turnover.