For GST refund what is the meaning of adjusted turnover.

Reply

As per Rule 89(4) of CGST Rules, 2017  “Adjusted Total Turnover” means the sum total of the value of- 
(a) the turnover in a State or a Union territory, as defined under clause (112) of section 2, excluding the turnover of services; and

(b) the turnover of zero-rated supply of services determined in terms of clause (D) above and non-zero-rated supply of services,

excluding-
(i) the value of exempt supplies other than zero-rated supplies; and
(ii) the turnover of supplies in respect of which refund is claimed under sub-rule (4A) or sub-rule (4B) or both, if any,